<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)