<ARTICLE> 5

                                                  
<PERIOD-TYPE>                   OTHER                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1999
<PERIOD-START>                             JUN-22-1998             JAN-01-1999
<PERIOD-END>                               DEC-31-1998             SEP-30-1999
<CASH>                                       4,164,500               3,582,100
<SECURITIES>                                 5,000,000              42,907,100
<RECEIVABLES>                                        0                       0
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                               167,600               1,204,900
<PP&E>                                         486,200               3,131,400
<DEPRECIATION>                                   4,200                 252,300
<TOTAL-ASSETS>                              10,001,200              73,353,000
<CURRENT-LIABILITIES>                          411,500              11,509,000
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                     10,400                  19,100
<COMMON>                                         4,100                   7,000
<OTHER-SE>                                   9,575,200              59,828,700
<TOTAL-LIABILITY-AND-EQUITY>                10,001,200              73,353,000
<SALES>                                              0                       0
<TOTAL-REVENUES>                                     0                       0
<CGS>                                                0                       0
<TOTAL-COSTS>                                        0                       0
<OTHER-EXPENSES>                               785,700               7,413,700
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                                   0                 138,600
<INCOME-PRETAX>                              (855,800)             (7,285,400)
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                          (855,800)             (7,285,400)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                 (855,800)             (7,285,400)
<EPS-BASIC>                                          0                       0
<EPS-DILUTED>                                        0                       0