<ARTICLE> BD <PERIOD-TYPE> YEAR YEAR <FISCAL-YEAR-END> DEC-31-1999 DEC-31-1998 <PERIOD-START> JAN-01-1999 JAN-01-1998 <PERIOD-END> DEC-31-1999 DEC-31-1998 <CASH> 0 0 <RECEIVABLES> 1,007,250 259,704 <SECURITIES-RESALE> 0 0 <SECURITIES-BORROWED> 0 0 <INSTRUMENTS-OWNED> 42,876,172 56,163,313 <PP&E> 0 0 <TOTAL-ASSETS> 43,883,422 56,423,017 <SHORT-TERM> 0 0 <PAYABLES> 1,007,250 259,704 <REPOS-SOLD> 0 0 <SECURITIES-LOANED> 0 0 <INSTRUMENTS-SOLD> 0 0 <LONG-TERM> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 0 0 <OTHER-SE> 42,876,172 56,163,313 <TOTAL-LIABILITY-AND-EQUITY> 43,883,422 56,423,017 <TRADING-REVENUE> 0 0 <INTEREST-DIVIDENDS> 0 0 <COMMISSIONS> 0 0 <INVESTMENT-BANKING-REVENUES> 0 0 <FEE-REVENUE> 0 0 <INTEREST-EXPENSE> 0 0 <COMPENSATION> 0 0 <INCOME-PRETAX> (6,145,111) 1,867,451 <INCOME-PRE-EXTRAORDINARY> (6,145,111) 1,867,451 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (6,145,111) 1,867,451 <EPS-BASIC> (27.14) 7.05 <EPS-DILUTED> (27.14) 7.05