<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENTS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2000 AND AS OF SEPTEMBER 30,
2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>                     0001092801
<NAME> OUTER BANKS INVESTMENTS, INC.
<MULTIPLIER>                    1
<CURRENCY>                      US dollars

                             
<PERIOD-TYPE>                   3-MOS
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<PERIOD-START>                                 Jul-01-2000
<PERIOD-END>                                   Sep-30-2000
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