<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM METAWAVE
COMMUNICATIONS CORPORATION'S SECOND QUARTER FISCAL 2000 CONSOLIDATED FINANCIAL
STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.

<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               SEP-30-2000
<CASH>                                          49,042
<SECURITIES>                                         0
<RECEIVABLES>                                   20,391
<ALLOWANCES>                                       608
<INVENTORY>                                      9,676
<CURRENT-ASSETS>                                81,552
<PP&E>                                          14,912
<DEPRECIATION>                                   8,517
<TOTAL-ASSETS>                                 174,121
<CURRENT-LIABILITIES>                           21,338
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       321,338
<OTHER-SE>                                     170,596
<TOTAL-LIABILITY-AND-EQUITY>                   174,121
<SALES>                                         35,833
<TOTAL-REVENUES>                                35,833
<CGS>                                           25,924
<TOTAL-COSTS>                                   25,924
<OTHER-EXPENSES>                                42,961
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 463
<INCOME-PRETAX>                                 31,618
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    31,618
<EPS-BASIC>                                       1.41
<EPS-DILUTED>                                     1.41