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<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED FINANCIAL STATEMENTS INDICATED BELOW AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-START> JUL-01-1999
<PERIOD-END> JUN-30-2000
<CASH> 6,623,907
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 7,646,304
<PP&E> 810,693
<DEPRECIATION> 180,108
<TOTAL-ASSETS> 86,571,554
<CURRENT-LIABILITIES> 2,605,403
<BONDS> 0
0
0
<COMMON> 10,465
<OTHER-SE> 79,955,686
<TOTAL-LIABILITY-AND-EQUITY> 86,571,554
<SALES> 0
<TOTAL-REVENUES> 0
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 43,885
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (11,831,260)
<INCOME-TAX> 0
<INCOME-CONTINUING> (11,831,260)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (11,831,260)
<EPS-BASIC> (1.43)
<EPS-DILUTED> (1.43)
</TABLE>
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