<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONDENSED
CONSOLIDATED STATEMENTS OF OPERATIONS AND CONDENSED CONSOLIDATED BALANCE SHEETS
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                      17,302,845
<SECURITIES>                                30,107,865
<RECEIVABLES>                                  950,738
<ALLOWANCES>                                    87,000
<INVENTORY>                                          0
<CURRENT-ASSETS>                            23,581,461
<PP&E>                                      14,960,050
<DEPRECIATION>                               5,757,901
<TOTAL-ASSETS>                              59,107,466
<CURRENT-LIABILITIES>                        6,648,275
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        94,119
<OTHER-SE>                                  52,365,072
<TOTAL-LIABILITY-AND-EQUITY>                59,107,466
<SALES>                                      2,124,429
<TOTAL-REVENUES>                            11,307,457
<CGS>                                        1,381,808
<TOTAL-COSTS>                               18,196,820
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               6,279
<INCOME-PRETAX>                            (5,552,761)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (5,552,761)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (5,552,761)
<EPS-PRIMARY>                                    (.59)
<EPS-DILUTED>                                    (.59)