<ARTICLE> 5 <LEGEND> This schedule contains summary Financial information extracted from the Company's Consolidated Balance sheets and Consolidated Statements of Operations found on pages 3,4 and 5 of the Company's Form 10-Q for the year-to-date of each period and is qualified in its entirety by reference to such financial information. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 29,376 <SECURITIES> 26,610 <RECEIVABLES> 0 <ALLOWANCES> 2,975 <INVENTORY> 0 <CURRENT-ASSETS> 229,879 <PP&E> 5,433 <DEPRECIATION> 0 <TOTAL-ASSETS> 241,018 <CURRENT-LIABILITIES> 205,600 <BONDS> 0 <PREFERRED-MANDATORY> 5,142 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 21,513 <TOTAL-LIABILITY-AND-EQUITY> 241,018 <SALES> 0 <TOTAL-REVENUES> 5,363 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,652 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,809 <INCOME-PRETAX> 1,902 <INCOME-TAX> 737 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,165 <EPS-BASIC> 0.44 <EPS-DILUTED> 0.41