<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FRO THE FINANCIAL
STATEMENTS INCLUDED IN PART II, ITEM 8 OF FORM 10-K DATED DECEMBER 31, 1999 AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               DEC-31-1999
<CASH>                                          54,682
<SECURITIES>                                     6,989
<RECEIVABLES>                                      321
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                66,321
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                  98,069
<CURRENT-LIABILITIES>                           12,217
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            50
<OTHER-SE>                                      85,802
<TOTAL-LIABILITY-AND-EQUITY>                    98,069
<SALES>                                              0
<TOTAL-REVENUES>                                 7,439
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                97,692
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                               (89,447)
<INCOME-TAX>                                   (1,004)
<INCOME-CONTINUING>                           (88,443)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (88,443)
<EPS-BASIC>                                    (17.89)
<EPS-DILUTED>                                  (17.89)