<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MARCH
31, 2000 UNAUDITED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                     109,388,844
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                           110,507,602
<PP&E>                                       9,785,402
<DEPRECIATION>                               1,717,450
<TOTAL-ASSETS>                             119,024,076
<CURRENT-LIABILITIES>                        2,601,327
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       247,772
<OTHER-SE>                                 114,242,467
<TOTAL-LIABILITY-AND-EQUITY>               119,024,076
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             5,429,530
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             105,781
<INCOME-PRETAX>                            (4,363,196)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (4,363,196)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (4,363,196)
<EPS-BASIC>                                     (0.19)
<EPS-DILUTED>                                   (0.19)