<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-END> DEC-31-1998 <CASH> 13,557,000 <SECURITIES> 291,000 <RECEIVABLES> 10,063,000 <ALLOWANCES> 0 <INVENTORY> 875,000 <CURRENT-ASSETS> 25,807,000 <PP&E> 1,724,000 <DEPRECIATION> 0 <TOTAL-ASSETS> 37,274,000 <CURRENT-LIABILITIES> 8,268,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 62,000 <OTHER-SE> 28,944,000 <TOTAL-LIABILITY-AND-EQUITY> 37,274,000 <SALES> 13,338,000 <TOTAL-REVENUES> 23,983,000 <CGS> 0 <TOTAL-COSTS> 11,510,000 <OTHER-EXPENSES> 12,702,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 31,000 <INCOME-TAX> 202,000 <INCOME-CONTINUING> (171,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (171,000) <EPS-PRIMARY> (0.03) <EPS-DILUTED> (0.03)