<ARTICLE> 5 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 33,425 <SECURITIES> 157,664 <RECEIVABLES> 4,176 <ALLOWANCES> 619 <INVENTORY> 0 <CURRENT-ASSETS> 199,127 <PP&E> 6,561 <DEPRECIATION> 1,561 <TOTAL-ASSETS> 125,441 <CURRENT-LIABILITIES> 8,015 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 18 <OTHER-SE> 116,327 <TOTAL-LIABILITY-AND-EQUITY> 125,441 <SALES> 0 <TOTAL-REVENUES> 5,259 <CGS> 0 <TOTAL-COSTS> 1,309 <OTHER-EXPENSES> 10,853 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (5,637) <INCOME-TAX> 0 <INCOME-CONTINUING> (5,637) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,637) <EPS-BASIC> (.03) <EPS-DILUTED> (.03)