
<TABLE> <S> <C>

<ARTICLE> 5
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                           7,472
<SECURITIES>                                    40,902
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                48,536
<PP&E>                                           3,697
<DEPRECIATION>                                   2,774
<TOTAL-ASSETS>                                  49,555
<CURRENT-LIABILITIES>                            9,270
<BONDS>                                              0
<PREFERRED-MANDATORY>                            5,000
<PREFERRED>                                      9,200
<COMMON>                                            12
<OTHER-SE>                                      25,950
<TOTAL-LIABILITY-AND-EQUITY>                    49,555
<SALES>                                              0
<TOTAL-REVENUES>                                 2,170
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                19,438
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                               (15,546)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (15,546)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (15,546)
<EPS-BASIC>                                   (1.43)
<EPS-DILUTED>                                   (1.43)


</TABLE>
