WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

 


<ARTICLE> 5
<LEGEND>
This schedule contains summary information extracted from the Registrant Company
Balance Sheet (Unaudited) for June 30, 2000 and Statement of Operations
(Unaudited) for the Six Months ended June 30, 2000 and is qualified in its
entirety by reference to such financial statements.

<NAME> PHOENIX ASSOCIATES
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                               0
<SECURITIES>                                         0
<RECEIVABLES>                                      293
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                   293
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                   4,184
<CURRENT-LIABILITIES>                            4,017
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                   (105,398)
<TOTAL-LIABILITY-AND-EQUITY>                     4,184
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               5,438
<INCOME-PRETAX>                                (5,438)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            (5,438)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (5,438)
<EPS-BASIC>                                          0
<EPS-DILUTED>                                        0