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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENT OF OPERATIONS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> SEP-30-2000
<CASH> 15,283,000
<SECURITIES> 78,206,000
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 95,973,000
<PP&E> 3,736,000
<DEPRECIATION> 1,976,000
<TOTAL-ASSETS> 100,662,000
<CURRENT-LIABILITIES> 6,292,000
<BONDS> 0
0
0
<COMMON> 63,000
<OTHER-SE> 43,566,000
<TOTAL-LIABILITY-AND-EQUITY> 100,662,000
<SALES> 0
<TOTAL-REVENUES> 0
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 30,647,000
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 4,511,000
<INCOME-PRETAX> (30,198,000)
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (30,198,000)
<EPS-BASIC> (0.49)
<EPS-DILUTED> (0.49)
</TABLE>
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