<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <CASH> 136,533,000 <SECURITIES> 0 <RECEIVABLES> 2,057,000 <ALLOWANCES> 180,000 <INVENTORY> 0 <CURRENT-ASSETS> 140,519,000 <PP&E> 3,508,000 <DEPRECIATION> 412,000 <TOTAL-ASSETS> 144,011,000 <CURRENT-LIABILITIES> 9,327,000 <BONDS> 0 <COMMON> 245,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 117,751,000 <TOTAL-LIABILITY-AND-EQUITY> 144,011,000 <SALES> 0 <TOTAL-REVENUES> 9,199,000 <CGS> 6,345,000 <TOTAL-COSTS> 27,422,000 <OTHER-EXPENSES> (2,596,000) <LOSS-PROVISION> 140,000 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (21,971,000) <INCOME-TAX> 95,000 <INCOME-CONTINUING> (21,827,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (21,827,000) <EPS-BASIC> (1.24) <EPS-DILUTED> (1.24)