<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 59,510 <SECURITIES> 0 <RECEIVABLES> 210,096 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 341,844 <CURRENT-LIABILITIES> 7,909 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 176,157 <TOTAL-LIABILITY-AND-EQUITY> 341,844 <SALES> 0 <TOTAL-REVENUES> 28,902 <CGS> 0 <TOTAL-COSTS> (114,445) <OTHER-EXPENSES> 11 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 8,820 <INCOME-PRETAX> (76,712) <INCOME-TAX> 0 <INCOME-CONTINUING> (76,712) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (76,712) <EPS-PRIMARY> (5.96) <EPS-DILUTED> (5.96)