<TABLE> <S> <C>

<ARTICLE>  5
<MULTIPLIER>  1,000

<S>                                                         <C>
<PERIOD-TYPE>                                               9-MOS
<FISCAL-YEAR-END>                                                                                       DEC-31-1999
<PERIOD-END>                                                                                            SEP-30-1999
<CASH>                                                                                                        5,048
<SECURITIES>                                                                                                 30,748
<RECEIVABLES>                                                                                                     0
<ALLOWANCES>                                                                                                      0
<INVENTORY>                                                                                                       0
<CURRENT-ASSETS>                                                                                             37,982
<PP&E>                                                                                                       18,988
<DEPRECIATION>                                                                                                5,521
<TOTAL-ASSETS>                                                                                               54,543
<CURRENT-LIABILITIES>                                                                                         3,114
<BONDS>                                                                                                       7,300
<PREFERRED-MANDATORY>                                                                                             0
<PREFERRED>                                                                                                       0
<COMMON>                                                                                                        114
<OTHER-SE>                                                                                                   44,015
<TOTAL-LIABILITY-AND-EQUITY>                                                                                 54,543
<SALES>                                                                                                           0
<TOTAL-REVENUES>                                                                                                217
<CGS>                                                                                                             0
<TOTAL-COSTS>                                                                                                     0
<OTHER-EXPENSES>                                                                                             11,059
<LOSS-PROVISION>                                                                                                  0
<INTEREST-EXPENSE>                                                                                              315
<INCOME-PRETAX>                                                                                             (9,873)
<INCOME-TAX>                                                                                                      0
<INCOME-CONTINUING>                                                                                         (9,873)
<DISCONTINUED>                                                                                                    0
<EXTRAORDINARY>                                                                                                   0
<CHANGES>                                                                                                         0
<NET-INCOME>                                                                                                (9,873)
<EPS-BASIC>                                                                                                 (.95)
<EPS-DILUTED>                                                                                                 (.95)



</TABLE>