<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> FEB-28-2001 <PERIOD-START> MAR-08-2000 <PERIOD-END> AUG-31-2000 <EXCHANGE-RATE> 1,000 <CASH> 2,947 <SECURITIES> 0 <RECEIVABLES> 845 <ALLOWANCES> 125 <INVENTORY> 0 <CURRENT-ASSETS> 4,191 <PP&E> 4,423 <DEPRECIATION> (317) <TOTAL-ASSETS> 25,588 <CURRENT-LIABILITIES> 3,886 <BONDS> 0 <PREFERRED-MANDATORY> 26,507 <PREFERRED> 0 <COMMON> 1,110 <OTHER-SE> (5,944) <TOTAL-LIABILITY-AND-EQUITY> 25,588 <SALES> 250 <TOTAL-REVENUES> 933 <CGS> 0 <TOTAL-COSTS> 17,590 <OTHER-EXPENSES> 449 <LOSS-PROVISION> 100 <INTEREST-EXPENSE> 47 <INCOME-PRETAX> (17,064) <INCOME-TAX> (17,064) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (17,064) <EPS-BASIC> (0.17) <EPS-DILUTED> (0.17)