<TABLE> <S> <C>

<ARTICLE> 5 
<MULTIPLIER> 1,000
       
<S>                             <C>                              <C>
<PERIOD-TYPE>                   3-MOS                            6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998                      DEC-31-1998
<PERIOD-START>                             JAN-01-1998                      JAN-01-1998 
<PERIOD-END>                               JUN-30-1998                      JUN-30-1998
<CASH>                                          35,849                           35,849
<SECURITIES>                                     4,288                            4,288
<RECEIVABLES>                                    2,357                            2,357
<ALLOWANCES>                                         0                                0
<INVENTORY>                                          0                                0
<CURRENT-ASSETS>                                44,322                           44,322
<PP&E>                                           9,646                            9,646
<DEPRECIATION>                                   1,305                            1,305
<TOTAL-ASSETS>                                  53,700                           53,700
<CURRENT-LIABILITIES>                            6,228                            6,228
<BONDS>                                          3,545                            3,545
<PREFERRED-MANDATORY>                                0                                0
<PREFERRED>                                          0                                0
<COMMON>                                           147                              147
<OTHER-SE>                                      43,355                           43,355
<TOTAL-LIABILITY-AND-EQUITY>                    53,700                           53,700
<SALES>                                              0                                0
<TOTAL-REVENUES>                                 3,680                            5,875
<CGS>                                                0                                0
<TOTAL-COSTS>                                    5,629                           10,462
<OTHER-EXPENSES>                                     0                               80
<LOSS-PROVISION>                                     0                                0
<INTEREST-EXPENSE>                                   0                                0
<INCOME-PRETAX>                                 (1,458)                          (3,568)
<INCOME-TAX>                                         0                                0
<INCOME-CONTINUING>                             (1,458)                          (3,568)
<DISCONTINUED>                                       0                                0
<EXTRAORDINARY>                                      0                                0
<CHANGES>                                            0                                0
<NET-INCOME>                                    (1,458)                          (3,568)
<EPS-PRIMARY>                                   ($0.10)                           (0.25)
<EPS-DILUTED>                                    (0.10)                           (0.25)
        

</TABLE>