<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 6,553,000 <SECURITIES> 0 <RECEIVABLES> 57,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,728,000 <PP&E> 805,000 <DEPRECIATION> 220,000 <TOTAL-ASSETS> 17,829,000 <CURRENT-LIABILITIES> 267,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 28,881,000 <OTHER-SE> 100,000 <TOTAL-LIABILITY-AND-EQUITY> 17,829,000 <SALES> 0 <TOTAL-REVENUES> 61,000 <CGS> 0 <TOTAL-COSTS> 1,691,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 41,000 <INCOME-PRETAX> (1,988,000) <INCOME-TAX> (16,000) <INCOME-CONTINUING> (2,004,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,004,000) <EPS-PRIMARY> (0.20) <EPS-DILUTED> (0.20)