<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 24,042,770 <SECURITIES> 0 <RECEIVABLES> 8,558,512 <ALLOWANCES> 0 <INVENTORY> 33,857,852 <CURRENT-ASSETS> 0 <PP&E> 277,098,324 <DEPRECIATION> 16,032,533 <TOTAL-ASSETS> 360,004,811 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 73,608 <OTHER-SE> 65,768,440 <TOTAL-LIABILITY-AND-EQUITY> 360,004,811 <SALES> 24,088,360 <TOTAL-REVENUES> 76,080,441 <CGS> 17,298,434 <TOTAL-COSTS> 45,134,910 <OTHER-EXPENSES> 15,184,329 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 60,319,239 <INCOME-TAX> 6,309,883 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> (200,480) <CHANGES> 0 <NET-INCOME> 9,250,839 <EPS-PRIMARY> 1.27 <EPS-DILUTED> 1.24