<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> APR-01-2000 <PERIOD-END> JUN-30-2000 <CASH> 26,933,000 <SECURITIES> 46,475,000 <RECEIVABLES> 443,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 74,875,000 <PP&E> 12,422,000 <DEPRECIATION> 6,458,000 <TOTAL-ASSETS> 98,866,000 <CURRENT-LIABILITIES> 5,334,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 25,000 <OTHER-SE> 91,758,000 <TOTAL-LIABILITY-AND-EQUITY> 98,866,000 <SALES> 0 <TOTAL-REVENUES> 2,789,000 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 10,448,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 25,000 <INCOME-PRETAX> (7,684,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (7,684,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (7,684,000) <EPS-BASIC> (0.33) <EPS-DILUTED> (0.33)