<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> MAR-31-2000 <PERIOD-START> APR-01-1999 <PERIOD-END> MAR-31-2000 <EXCHANGE-RATE> 1 <CASH> 108,102 <SECURITIES> 121,046 <RECEIVABLES> 56,021 <ALLOWANCES> 1,783 <INVENTORY> 0 <CURRENT-ASSETS> 294,326 <PP&E> 16,063 <DEPRECIATION> 3,939 <TOTAL-ASSETS> 313,754 <CURRENT-LIABILITIES> 58,801 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7 <OTHER-SE> 252,029 <TOTAL-LIABILITY-AND-EQUITY> 313,754 <SALES> 155,729 <TOTAL-REVENUES> 155,729 <CGS> 0 <TOTAL-COSTS> 176,697 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,953 <INCOME-PRETAX> (16,015) <INCOME-TAX> 0 <INCOME-CONTINUING> (16,015) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (16,015) <EPS-BASIC> (0.29) <EPS-DILUTED> (0.29)