<ARTICLE> 5 <LEGEND> FORM 10-Q FOR THE PERIOD ENDED MARCH 31, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1999 <PERIOD-START> DEC-31-1999 <PERIOD-END> MAR-31-2000 <CASH> 2,867 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,881 <PP&E> 1,381 <DEPRECIATION> 46 <TOTAL-ASSETS> 6,070 <CURRENT-LIABILITIES> 2,001 <BONDS> 662 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 21,933 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 6,070 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 4,235 <OTHER-EXPENSES> 18 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 64 <INCOME-PRETAX> (3,429) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,429) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,429) <EPS-BASIC> (0.18)<F1> <EPS-DILUTED> (0.18) <FN> <F1>For purpose of this statement, primary means basic. </FN>