<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 18,708 <SECURITIES> 36,539<F1> <RECEIVABLES> 1,515 <ALLOWANCES> 400 <INVENTORY> 770 <CURRENT-ASSETS> 58,379 <PP&E> 18,766 <DEPRECIATION> 12,618 <TOTAL-ASSETS> 71,967 <CURRENT-LIABILITIES> 14,662 <BONDS> 76,117 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 136,921 <OTHER-SE> (161,301) <TOTAL-LIABILITY-AND-EQUITY> 71,967 <SALES> 587 <TOTAL-REVENUES> 9,123 <CGS> 424 <TOTAL-COSTS> 2,701 <OTHER-EXPENSES> 31,015 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,989 <INCOME-PRETAX> (24,810) <INCOME-TAX> 10 <INCOME-CONTINUING> (24,830) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (24,820) <EPS-PRIMARY> (1.23) <EPS-DILUTED> (1.23) <FN> <F1>THIS AMOUNT REPRESENTS SHORT-TERM INVESTMENTS HELD BY THE COMPANY 9/30/98. </FN>