<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S FINANCIAL STATEMENTS AS OF MARCH 31, 2000, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> MAR-31-2000
<PERIOD-END> MAR-31-2000
<CASH> 3,637,931
<SECURITIES> 3,900,000
<RECEIVABLES> 275,283
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 324,835
<PP&E> 3,665,347
<DEPRECIATION> (512,364)
<TOTAL-ASSETS> 34,569,481
<CURRENT-LIABILITIES> 2,314,743
<BONDS> 0
0
0
<COMMON> 23,071
<OTHER-SE> 22,271,936
<TOTAL-LIABILITY-AND-EQUITY> 34,569,481
<SALES> 0
<TOTAL-REVENUES> 305,754
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 32,653,364
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (32,380,289)
<INCOME-TAX> (1,229,105)
<INCOME-CONTINUING> (31,151,184)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (31,151,184)
<EPS-BASIC> (1.37)
<EPS-DILUTED> (1.37)
</TABLE>