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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Consolidated Statement of Financial Condition at March 31, 2000 and the
Consolidated Statement of Income for the three months ended March 31, 2000 and
is qualified in its entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-END> MAR-31-2000
<CASH> 601
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 10,601
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 10,655
<CURRENT-LIABILITIES> 13,149
<BONDS> 0
0
0
<COMMON> 45
<OTHER-SE> (2,539)
<TOTAL-LIABILITY-AND-EQUITY> 10,655
<SALES> 0
<TOTAL-REVENUES> 0
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 2,814
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (2,814)
<INCOME-TAX> 0
<INCOME-CONTINUING> (2,814)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (2,814)
<EPS-BASIC> 0
<EPS-DILUTED> 0
</TABLE>
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