<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 3,530,718 <SECURITIES> 140,844 <RECEIVABLES> 1,011,011 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,682573 <PP&E> 693,427 <DEPRECIATION> (693,427) <TOTAL-ASSETS> 4,682,573 <CURRENT-LIABILITIES> 486,226 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 4,196,347 <TOTAL-LIABILITY-AND-EQUITY> 4,682,573 <SALES> 0 <TOTAL-REVENUES> 1,754,077 <CGS> 0 <TOTAL-COSTS> 188,085 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1,565,992 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,565,992 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,565,992 <EPS-BASIC> 0 <EPS-DILUTED> 0