<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONSOLIDATED UNAUDITED FINANCIAL STATEMENTS FILED WITH THE COMPANY'S SEPTEMBER 30, 1999 QUARTERLY REPORT ON FORM 10-QSB AND IS ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0001046869 <NAME> AREA INVESTMENT AND DEVELOPMENT COMPANY <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JUL-01-1999 <PERIOD-END> SEP-30-1999 <EXCHANGE-RATE> 1 <CASH> 20,227 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 20,227 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 90,482 <OTHER-SE> (70,255) <TOTAL-LIABILITY-AND-EQUITY> 20,227 <SALES> 0 <TOTAL-REVENUES> 227 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 90,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (89,773) <EPS-BASIC> 0 <EPS-DILUTED> 0