<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> YEAR 3-MOS <FISCAL-YEAR-END> DEC-31-1999 DEC-31-2000 <PERIOD-START> JAN-01-1999 JAN-01-2000 <PERIOD-END> DEC-31-1999 MAR-31-2000 <EXCHANGE-RATE> 1 1 <CASH> 198,412 381,010 <SECURITIES> 0 0 <RECEIVABLES> 33 656 <ALLOWANCES> (5) (135) <INVENTORY> 0 0 <CURRENT-ASSETS> 199,144 383,713 <PP&E> 13,292 49,586 <DEPRECIATION> (97) (553) <TOTAL-ASSETS> 215,742 525,108 <CURRENT-LIABILITIES> 11,136 26,735 <BONDS> 3,340 218,233 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 208,354 208,354 <COMMON> 12,826 26,003 <OTHER-SE> (18,492) 44,975 <TOTAL-LIABILITY-AND-EQUITY> 215,742 525,108 <SALES> 0 0 <TOTAL-REVENUES> 218 192 <CGS> 0 0 <TOTAL-COSTS> 762 3,521 <OTHER-EXPENSES> 8,834 8,283 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 0 2,939 <INCOME-PRETAX> (8,887) (11,892) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (8,887) (11,892) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (8,887) (11,892) <EPS-BASIC> (1.86) (1.49) <EPS-DILUTED> (1.86) (1.49)