<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheets and statements of consolidated operations and
accumulated deficit on pages 37 and 38 of the Company's Form 10-K for the year
ended December 31, 1998, and is qualified in entirety by reference to such
financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                          38,147
<SECURITIES>                                    19,643
<RECEIVABLES>                                    6,562
<ALLOWANCES>                                         0
<INVENTORY>                                      1,316
<CURRENT-ASSETS>                                66,425
<PP&E>                                         189,466
<DEPRECIATION>                                     232
<TOTAL-ASSETS>                                 279,900
<CURRENT-LIABILITIES>                           12,357
<BONDS>                                        110,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       222,447
<OTHER-SE>                                       3,093
<TOTAL-LIABILITY-AND-EQUITY>                   279,900
<SALES>                                             16
<TOTAL-REVENUES>                                 3,797
<CGS>                                              942
<TOTAL-COSTS>                                  137,788
<OTHER-EXPENSES>                                  (97)
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              (136,695)
<INCOME-TAX>                                  (45,718)
<INCOME-CONTINUING>                           (90,977)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (90,199)
<EPS-PRIMARY>                                   (2.49)
<EPS-DILUTED>                                   (2.49)