<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S CONDENSED CONSOLIDATED BALANCE SHEET AND CONDENSED CONSOLIDATED
STATEMENTS OF OPERATION INCLUDED IN THE COMPANY'S FORM 10-Q FOR THE PERIOD ENDED
JUNE 30TH, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.

<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                         148,940
<SECURITIES>                                    10,373
<RECEIVABLES>                                    2,327
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               190,097
<PP&E>                                          63,192
<DEPRECIATION>                                   4,095
<TOTAL-ASSETS>                                 450,472
<CURRENT-LIABILITIES>                           66,321
<BONDS>                                        184,929
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    191,580
<COMMON>                                            13
<OTHER-SE>                                     (2,985)
<TOTAL-LIABILITY-AND-EQUITY>                   258,892
<SALES>                                          1,028
<TOTAL-REVENUES>                                 1,028
<CGS>                                            8,409
<TOTAL-COSTS>                                   39,500
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              13,880
<INCOME-PRETAX>                               (44,820)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (44,820)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (44,820)
<EPS-BASIC>                                     (4.45)
<EPS-DILUTED>                                   (4.45)