<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> Jun-30-2000 <PERIOD-START> Jul-01-1999 <PERIOD-END> Dec-31-1999 <CASH> 15,931,000 <SECURITIES> 0 <RECEIVABLES> 997,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 17,334,000 <PP&E> 4,786,000 <DEPRECIATION> 1,317,000 <TOTAL-ASSETS> 38,987,000 <CURRENT-LIABILITIES> 4,391,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 139,000 <OTHER-SE> 34,457,000 <TOTAL-LIABILITY-AND-EQUITY> 38,987,000 <SALES> 1,217,000 <TOTAL-REVENUES> 1,217,000 <CGS> 896,000 <TOTAL-COSTS> 12,372,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (62,000) <INCOME-PRETAX> (11,989,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (11,989,000) <DISCONTINUED> 0 <EXTRAORDINARY> 32,502,000 <CHANGES> 0 <NET-INCOME> 20,513,000 <EPS-BASIC> .16 <EPS-DILUTED> .16