<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENT OF OPERATIONS.
</LEGEND>

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             APR-01-1999
<PERIOD-END>                               JUN-30-1999
<CASH>                                      13,669,000
<SECURITIES>                                 1,983,000
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                            16,030,000
<PP&E>                                       2,616,000
<DEPRECIATION>                               1,512,000
<TOTAL-ASSETS>                              19,214,000
<CURRENT-LIABILITIES>                        3,926,000
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        125
<COMMON>                                        37,000
<OTHER-SE>                                (29,572,000)
<TOTAL-LIABILITY-AND-EQUITY>                19,214,000
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                            10,986,000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                           3,010,000
<INCOME-PRETAX>                           (13,528,000)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                              (13,528,000)
<EPS-BASIC>                                     (0.37)
<EPS-DILUTED>                                   (0.37)