<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-END> SEP-30-1998 <CASH> 12,085,000 <SECURITIES> 795,000 <RECEIVABLES> 9,294,000 <ALLOWANCES> 0 <INVENTORY> 878,000 <CURRENT-ASSETS> 23,777,000 <PP&E> 1,758,000 <DEPRECIATION> 0 <TOTAL-ASSETS> 35,648,000 <CURRENT-LIABILITIES> 6,977,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 62,000 <OTHER-SE> 28,609,000 <TOTAL-LIABILITY-AND-EQUITY> 35,648,000 <SALES> 8,338,000 <TOTAL-REVENUES> 15,156,000 <CGS> 0 <TOTAL-COSTS> 7,473,000 <OTHER-EXPENSES> 8,470,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (636,000) <INCOME-TAX> (96,000) <INCOME-CONTINUING> (540,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (540,000) <EPS-PRIMARY> (0.09) <EPS-DILUTED> (0.09)