<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>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-START>                             JUL-01-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                      15,677,896
<SECURITIES>                                30,795,784
<RECEIVABLES>                                6,947,410
<ALLOWANCES>                                    92,162
<INVENTORY>                                          0
<CURRENT-ASSETS>                            31,624,663
<PP&E>                                      17,814,840
<DEPRECIATION>                               7,595,036
<TOTAL-ASSETS>                              65,134,157
<CURRENT-LIABILITIES>                       14,368,666
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        98,072
<OTHER-SE>                                  50,667,419
<TOTAL-LIABILITY-AND-EQUITY>                65,134,157
<SALES>                                      1,614,286
<TOTAL-REVENUES>                             6,861,931
<CGS>                                          802,931
<TOTAL-COSTS>                                9,611,718
<OTHER-EXPENSES>                                15,094
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                             (2,191,092)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                         (2,191,092)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                (2,191,092)
<EPS-BASIC>                                      (0.23)
<EPS-DILUTED>                                    (0.23)