<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JUL-01-2000 <PERIOD-END> SEP-30-2000 <CASH> 98 <SECURITIES> 59,936 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 64,123 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 64,123 <CURRENT-LIABILITIES> 6,207 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 34 <OTHER-SE> 57,882 <TOTAL-LIABILITY-AND-EQUITY> 64,123 <SALES> 0 <TOTAL-REVENUES> 565 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 16,936 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (16,674) <INCOME-TAX> 230 <INCOME-CONTINUING> (16,904) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (16,904) <EPS-BASIC> (5.16) <EPS-DILUTED> (5.16)