<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-1-1999 <PERIOD-END> JUN-30-1999 <EXCHANGE-RATE> 1 <CASH> 7,814,696 <SECURITIES> 70,657,590 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 3,186,113 <CURRENT-ASSETS> 95,175,489 <PP&E> 11,970,610 <DEPRECIATION> 4,257,691 <TOTAL-ASSETS> 113,475,147 <CURRENT-LIABILITIES> 5,291,103 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 168,652 <OTHER-SE> 102,809,212 <TOTAL-LIABILITY-AND-EQUITY> 113,475,147 <SALES> 0 <TOTAL-REVENUES> 4,713,266 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 19,986,673 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 259,720 <INCOME-PRETAX> (17,152,934) <INCOME-TAX> 0 <INCOME-CONTINUING> (17,152,934) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (17,152,934) <EPS-BASIC> (1.02) <EPS-DILUTED> (1.02)