<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <CASH> 79,683,000 <SECURITIES> 27,994,000 <RECEIVABLES> 3,768,000 <ALLOWANCES> 518,000 <INVENTORY> 0 <CURRENT-ASSETS> 116,374,000 <PP&E> 14,074,000 <DEPRECIATION> 1,489,000 <TOTAL-ASSETS> 133,528,000 <CURRENT-LIABILITIES> 17,007,000 <BONDS> 0 <COMMON> 253,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 97,930,000 <TOTAL-LIABILITY-AND-EQUITY> 133,528,000 <SALES> 0 <TOTAL-REVENUES> 5,723,000 <CGS> 3,916,000 <TOTAL-COSTS> 19,069,000 <OTHER-EXPENSES> (1,653,000) <LOSS-PROVISION> 220,000 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (15,610,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (13,883,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (13,883,000) <EPS-BASIC> (.55) <EPS-DILUTED> (.55)