<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1999 <CASH> 142,034 <SECURITIES> 0 <RECEIVABLES> 68,164 <ALLOWANCES> 0 <INVENTORY> 36,607 <CURRENT-ASSETS> 485,573 <PP&E> 1,976,749 <DEPRECIATION> 150,843 <TOTAL-ASSETS> 4,117,258 <CURRENT-LIABILITIES> 465,847 <BONDS> 1,887,521 <PREFERRED-MANDATORY> 0 <PREFERRED> 12 <COMMON> 1,950 <OTHER-SE> 1,595,406 <TOTAL-LIABILITY-AND-EQUITY> 4,117,258 <SALES> 387,164 <TOTAL-REVENUES> 387,164 <CGS> 34,271 <TOTAL-COSTS> 34,271 <OTHER-EXPENSES> 231,509 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 93,560 <INCOME-PRETAX> (59,136) <INCOME-TAX> (12,765) <INCOME-CONTINUING> (46,371) <DISCONTINUED> 0 <EXTRAORDINARY> (6,157) <CHANGES> 0 <NET-INCOME> (52,528) <EPS-BASIC> (0.83) <EPS-DILUTED> (0.83)