<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 87,268,922 <SECURITIES> 30,618,650 <RECEIVABLES> 10,201,819 <ALLOWANCES> 1,131,610 <INVENTORY> 0 <CURRENT-ASSETS> 130,947,891 <PP&E> 11,148,256 <DEPRECIATION> 1,162,657 <TOTAL-ASSETS> 178,527,873 <CURRENT-LIABILITIES> 12,836,942 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 235,764 <OTHER-SE> 162,798,672 <TOTAL-LIABILITY-AND-EQUITY> 178,527,874 <SALES> 11,004,241 <TOTAL-REVENUES> 11,004,241 <CGS> 719,905 <TOTAL-COSTS> 719,905 <OTHER-EXPENSES> 29,204,540 <LOSS-PROVISION> 644,534 <INTEREST-EXPENSE> 94,120 <INCOME-PRETAX> (17,572,680) <INCOME-TAX> 0 <INCOME-CONTINUING> (17,572,680) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (17,572,680) <EPS-BASIC> (0.80) <EPS-DILUTED> (0.80)