<TABLE> <S> <C>

<ARTICLE>                      5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S FINANCIAL STATEMENTS FOR THE PERIOD ENDED DECEMBER 31, 1999 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

<S>                                                   <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                                           DEC-31-2000
<PERIOD-START>                                              JAN-01-2000
<PERIOD-END>                                                SEP-30-2000
<CASH>                                                       13,089,583
<SECURITIES>                                                 14,523,439
<RECEIVABLES>                                                   327,860
<ALLOWANCES>                                                          0
<INVENTORY>                                                           0
<CURRENT-ASSETS>                                             27,988,779
<PP&E>                                                          659,181
<DEPRECIATION>                                                        0
<TOTAL-ASSETS>                                               29,115,652
<CURRENT-LIABILITIES>                                         1,285,970
<BONDS>                                                               0
                                                 0
                                                          42
<COMMON>                                                        261,123
<OTHER-SE>                                                   27,568,517
<TOTAL-LIABILITY-AND-EQUITY>                                 27,829,682
<SALES>                                                               0
<TOTAL-REVENUES>                                                786,805
<CGS>                                                                 0
<TOTAL-COSTS>                                                         0
<OTHER-EXPENSES>                                             10,915,210
<LOSS-PROVISION>                                                      0
<INTEREST-EXPENSE>                                                9,362
<INCOME-PRETAX>                                              (9,133,879)
<INCOME-TAX>                                                          0
<INCOME-CONTINUING>                                                   0
<DISCONTINUED>                                                        0
<EXTRAORDINARY>                                                       0
<CHANGES>                                                             0
<NET-INCOME>                                                 (9,133,879)
<EPS-BASIC>                                                       (0.42)
<EPS-DILUTED>                                                     (0.42)


</TABLE>



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