<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <EXCHANGE-RATE> 1 <CASH> 40,447 <SECURITIES> 175,465 <RECEIVABLES> 13,879 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 236,970 <PP&E> 82,332 <DEPRECIATION> (33,328) <TOTAL-ASSETS> 302,741 <CURRENT-LIABILITIES> 38,680 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 36 <OTHER-SE> 223,339 <TOTAL-LIABILITY-AND-EQUITY> 302,741 <SALES> 0 <TOTAL-REVENUES> 88,265 <CGS> 0 <TOTAL-COSTS> 91,896 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,472 <INCOME-PRETAX> 3,076 <INCOME-TAX> 0 <INCOME-CONTINUING> 3,076 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,076 <EPS-BASIC> .09 <EPS-DILUTED> .08