<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S CONDENSED CONSOLIDATED BALANCE SHEET AND CONDENSED CONSOLIDATED STATEMENTS OF OPERATION INCLUDED IN THE COMPANY'S FORM 10-Q FOR THE PERIOD ENDED JUNE 30TH, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> JUN-30-2000 <CASH> 148,940 <SECURITIES> 10,373 <RECEIVABLES> 2,327 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 190,097 <PP&E> 63,192 <DEPRECIATION> 4,095 <TOTAL-ASSETS> 450,472 <CURRENT-LIABILITIES> 66,321 <BONDS> 184,929 <PREFERRED-MANDATORY> 0 <PREFERRED> 191,580 <COMMON> 13 <OTHER-SE> (2,985) <TOTAL-LIABILITY-AND-EQUITY> 258,892 <SALES> 1,028 <TOTAL-REVENUES> 1,028 <CGS> 8,409 <TOTAL-COSTS> 39,500 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 13,880 <INCOME-PRETAX> (44,820) <INCOME-TAX> 0 <INCOME-CONTINUING> (44,820) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (44,820) <EPS-BASIC> (4.45) <EPS-DILUTED> (4.45)