<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>
<MULTIPLIER> 1
<CURRENCY> USD
       
                                        
<PERIOD-TYPE>                                    9-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               MAR-31-1999
<EXCHANGE-RATE>                                      1
<CASH>                                       8,334,758
<SECURITIES>                                34,807,693
<RECEIVABLES>                                1,347,045
<ALLOWANCES>                                    30,302
<INVENTORY>                                          0
<CURRENT-ASSETS>                            13,453,278
<PP&E>                                      16,469,374
<DEPRECIATION>                               6,386,653
<TOTAL-ASSETS>                              56,223,240
<CURRENT-LIABILITIES>                        5,871,711
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        94,119
<OTHER-SE>                                  50,257,410
<TOTAL-LIABILITY-AND-EQUITY>                56,223,240
<SALES>                                      3,617,770
<TOTAL-REVENUES>                            18,369,572
<CGS>                                        2,233,012
<TOTAL-COSTS>                               27,889,211
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               6,279
<INCOME-PRETAX>                            (7,730,736)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (7,730,736)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (7,730,736)
<EPS-PRIMARY>                                    (.82)
<EPS-DILUTED>                                    (.82)