<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 2,018,055 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,123,622 <PP&E> 121,941 <DEPRECIATION> 35,301 <TOTAL-ASSETS> 2,210,262 <CURRENT-LIABILITIES> 263,301 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,758 <OTHER-SE> 1,945,203 <TOTAL-LIABILITY-AND-EQUITY> 2,210,262 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 464,493 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (464,493) <INCOME-TAX> 0 <INCOME-CONTINUING> (464,493) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (427,111) <EPS-PRIMARY> (0.05) <EPS-DILUTED> 0