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<S>                                                                                        <C>
<PERIOD-TYPE>                                                                                 9-MOS
<FISCAL-YEAR-END>                                                                       DEC-31-1998
<PERIOD-START>                                                                          JAN-01-1998
<PERIOD-END>                                                                            SEP-30-1998
<CASH>                                                                              13,421,644
<SECURITIES>                                                                                 0
<RECEIVABLES>                                                                        8,499,564
<ALLOWANCES>                                                                                 0
<INVENTORY>                                                                                  0
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<PP&E>                                                                              12,083,548
<DEPRECIATION>                                                                       2,092,444
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<CURRENT-LIABILITIES>                                                               35,202,014
<BONDS>                                                                                      0
<PREFERRED-MANDATORY>                                                                        0
<PREFERRED>                                                                             29,999
<COMMON>                                                                                49,436
<OTHER-SE>                                                                          24,470,029
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<SALES>                                                                                      0
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<CGS>                                                                                        0
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<LOSS-PROVISION>                                                                             0
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<INCOME-PRETAX>                                                                     (2,552,786)
<INCOME-TAX>                                                                        (1,353,443)
<INCOME-CONTINUING>                                                                 (1,199,343)
<DISCONTINUED>                                                                               0
<EXTRAORDINARY>                                                                              0
<CHANGES>                                                                                    0
<NET-INCOME>                                                                        (1,199,343)
<EPS-PRIMARY>                                                                            (0.28)
<EPS-DILUTED>                                                                             0.00
        

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