<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 15,189,000 <SECURITIES> 70,366,000 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 3,680,000 <CURRENT-ASSETS> 94,340,000 <PP&E> 34,121,000 <DEPRECIATION> 14,376,000 <TOTAL-ASSETS> 117,354,000 <CURRENT-LIABILITIES> 26,379,000 <BONDS> 38,685,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 302,000 <OTHER-SE> 48,137,000 <TOTAL-LIABILITY-AND-EQUITY> 117,354,000 <SALES> 7,252,000 <TOTAL-REVENUES> 14,979,000 <CGS> 839,000 <TOTAL-COSTS> 839,000 <OTHER-EXPENSES> 20,152,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,390,000 <INCOME-PRETAX> (31,442,000) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (31,442,000) <EPS-BASIC> (1.09) <EPS-DILUTED> (1.09)