<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Annual
Report on Form 10-K for the period ended June 30, 2000 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-START> JUL-01-1999
<PERIOD-END> JUN-30-2000
<CASH> 187,610
<SECURITIES> 145,916
<RECEIVABLES> 10,744
<ALLOWANCES> 1,052
<INVENTORY> 0
<CURRENT-ASSETS> 347,748
<PP&E> 7,181
<DEPRECIATION> 1,765
<TOTAL-ASSETS> 1,721,761
<CURRENT-LIABILITIES> 36,039
<BONDS> 0
0
0
<COMMON> 1,760,396
<OTHER-SE> (74,674)
<TOTAL-LIABILITY-AND-EQUITY> 1,721,761
<SALES> 0
<TOTAL-REVENUES> 47,920
<CGS> 0
<TOTAL-COSTS> 3,017
<OTHER-EXPENSES> 115,138
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 40
<INCOME-PRETAX> (62,928)
<INCOME-TAX> 2,400
<INCOME-CONTINUING> (65,328)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (65,328)
<EPS-BASIC> (3.59)
<EPS-DILUTED> (3.59)
</TABLE>