<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENT OF INCOME FILED AS PART OF THE QUARTERLY REPORT ON FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH QUARTERLY REPORT ON FORM 10-Q. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1999 <PERIOD-START> OCT-01-1998 <PERIOD-END> MAR-31-1999 <CASH> 6,589 <SECURITIES> 6,160 <RECEIVABLES> 35 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 12,907 <PP&E> 2,864 <DEPRECIATION> 0 <TOTAL-ASSETS> 15,854 <CURRENT-LIABILITIES> 6,159 <BONDS> 1,491 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7 <OTHER-SE> 8,197 <TOTAL-LIABILITY-AND-EQUITY> 15,854 <SALES> 0 <TOTAL-REVENUES> 400 <CGS> 0 <TOTAL-COSTS> 12,909 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (12,297) <INCOME-TAX> 0 <INCOME-CONTINUING> (12,297) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (12,297) <EPS-PRIMARY> (1.68)<F1> <EPS-DILUTED> (1.68) <FN> <F1> EPS BASIC </FN>