<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM
10-Q FOR THE PERIOD ENDING SEPTEMBER 30, 1998, AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                          27,829
<SECURITIES>                                    13,777
<RECEIVABLES>                                    1,041
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                43,375
<PP&E>                                               0<F1>
<DEPRECIATION>                                       0<F1>
<TOTAL-ASSETS>                                  54,571
<CURRENT-LIABILITIES>                            2,198
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           346
<OTHER-SE>                                      39,563
<TOTAL-LIABILITY-AND-EQUITY>                    54,571
<SALES>                                          1,560
<TOTAL-REVENUES>                                 3,165
<CGS>                                            1,538
<TOTAL-COSTS>                                    2,388
<OTHER-EXPENSES>                                 8,535
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 (8,698)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    (8,666)
<EPS-PRIMARY>                                     (.35)
<EPS-DILUTED>                                     (.35)
<FN>
<F1>Disclosure not required on interim financial statements.
</FN>