<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001068897
<NAME> LCM Internet Growth Fund, Inc.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> OCT-29-1999
<PERIOD-END> MAR-31-2000
<INVESTMENTS-AT-COST> 22,377,137
<INVESTMENTS-AT-VALUE> 29,733,392
<RECEIVABLES> 10,659,118
<ASSETS-OTHER> 561,662
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 40,954,172
<PAYABLE-FOR-SECURITIES> 1,629,099
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 220,285
<TOTAL-LIABILITIES> 1,849,384
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 24,703,510
<SHARES-COMMON-STOCK> 2,640,583
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6,951,544
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,449,734
<NET-ASSETS> 39,104,788
<DIVIDEND-INCOME> 3,370
<INTEREST-INCOME> 121,679
<OTHER-INCOME> 0
<EXPENSES-NET> (264,365)
<NET-INVESTMENT-INCOME> 0
<REALIZED-GAINS-CURRENT> 6,951,544
<APPREC-INCREASE-CURRENT> 7,449,734
<NET-CHANGE-FROM-OPS> 14,401,278
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,640,583
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 39,104,788
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (148,051)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (264,365)
<AVERAGE-NET-ASSETS> 35,551,745
<PER-SHARE-NAV-BEGIN> 9.35
<PER-SHARE-NII> (0.05)
<PER-SHARE-GAIN-APPREC> 5.51
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.81
<EXPENSE-RATIO> 1.78
</TABLE>