<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 1,381,221 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,381,221 <CURRENT-LIABILITIES> 684,783 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 696,438 <TOTAL-LIABILITY-AND-EQUITY> 1,381,221 <SALES> 0 <TOTAL-REVENUES> 237,069 <CGS> 0 <TOTAL-COSTS> 217,824 <OTHER-EXPENSES> (5,004,952) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 8,254 <INCOME-PRETAX> 5,015,943 <INCOME-TAX> 0 <INCOME-CONTINUING> 5,015,943 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,015,943 <EPS-PRIMARY> 19.18 <EPS-DILUTED> 19.18