<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 603,088 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 611,238 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 627,481 <CURRENT-LIABILITIES> 70,397 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 64,316 <OTHER-SE> 492,768 <TOTAL-LIABILITY-AND-EQUITY> 627,481 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 53,376 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,500 <INCOME-PRETAX> (55,876) <INCOME-TAX> 0 <INCOME-CONTINUING> (55,876) <DISCONTINUED> 706,911 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 651,115 <EPS-PRIMARY> 1.01 <EPS-DILUTED> 1.01