<ARTICLE> 5 <LEGEND> </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 1,377 <SECURITIES> 12,399 <RECEIVABLES> 354 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 14,511 <PP&E> 5,346 <DEPRECIATION> 4,097 <TOTAL-ASSETS> 15,760 <CURRENT-LIABILITIES> 1,956 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 1 <COMMON> 15 <OTHER-SE> 13,788 <TOTAL-LIABILITY-AND-EQUITY> 15,760 <SALES> 0 <TOTAL-REVENUES> 3,336 <CGS> 0 <TOTAL-COSTS> 8,417 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (4,686) <INCOME-TAX> 0 <INCOME-CONTINUING> (4,686) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,686) <EPS-BASIC> (.31) <EPS-DILUTED> (.31)