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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial informatin extracted from the
Consolidated Statement of Financial Condition at March 31, 2000 (Unaudited) and
the Consolidated Statement of Income for the three months ended March 31, 2000
(Unaudited) and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> MAR-31-2000
<CASH> 4,036,804
<SECURITIES> 196,468
<RECEIVABLES> 104,813
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 5,695,659
<PP&E> 275,165
<DEPRECIATION> (136,673)
<TOTAL-ASSETS> 12,734,263
<CURRENT-LIABILITIES> 160,928
<BONDS> 0
0
0
<COMMON> 18,245,867
<OTHER-SE> (7,722,532)
<TOTAL-LIABILITY-AND-EQUITY> 12,734,263
<SALES> 115,355
<TOTAL-REVENUES> 198,613
<CGS> 39,867
<TOTAL-COSTS> 39,867
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (77,847)
<INCOME-TAX> 0
<INCOME-CONTINUING> (77,847)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (77,847)
<EPS-BASIC> (0.00)
<EPS-DILUTED> (0.00)
</TABLE>
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