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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
EXHIBIT 27.01
FINANCIAL DATA SCHEDULE
ARTICLE 5 OF REGULATION S-X
This schedule contains summary financial information extracted from the
financial statements for the three months ended June 30, 1999 and is qualified
in its entirety by reference to such statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-mos
<FISCAL-YEAR-END> mar-31-2000
<PERIOD-END> jun-30-1999
<CASH> 8,104,738
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 8,566,839
<PP&E> 919,066
<DEPRECIATION> (521,427)
<TOTAL-ASSETS> 8,989,513
<CURRENT-LIABILITIES> 385,429
<BONDS> 0
0
1,300
<COMMON> 141,107
<OTHER-SE> 8,847,106
<TOTAL-LIABILITY-AND-EQUITY> 8,989,513
<SALES> 0
<TOTAL-REVENUES> 117,126
<CGS> 0
<TOTAL-COSTS> 90,439
<OTHER-EXPENSES> 1,922,822
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (1,896,135)
<INCOME-TAX> 0
<INCOME-CONTINUING> (1,896,135)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (1,896,135)
<EPS-BASIC> (.14)
<EPS-DILUTED> (.14)
</TABLE>
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