<ARTICLE> 5
<LEGEND>
This Schedule contains summary financial information taken from the balance sheet as of 
December 31, 1996 (unaudited) and the statement of operations for the six-month period 
ended December 31, 1996 (unaudited), and is qualified in its entirety by reference to 
the Company's Annual Report on Form 10-K  for the fiscal year ended June 30, 1996.
       
                                  
<PERIOD-TYPE>                                 6-MOS
<FISCAL-YEAR-END>                       JUN-30-1996
<PERIOD-END>                            DEC-31-1996
<CASH>                                    9,743,147
<SECURITIES>                                    (0)
<RECEIVABLES>                             2,327,121
<ALLOWANCES>                                    (0)
<INVENTORY>                                   4,586
<CURRENT-ASSETS>                         12,304,854
<PP&E>                                      728,998
<DEPRECIATION>                              723,922
<TOTAL-ASSETS>                           17,670,412
<CURRENT-LIABILITIES>                     4,245,639
<BONDS>                                         (0)
<PREFERRED-MANDATORY>                           (0)
<PREFERRED>                                     (0)
<COMMON>                                  8,885,103
<OTHER-SE>                                2,413,670
<TOTAL-LIABILITY-AND-EQUITY>             17,670,412
<SALES>                                     302,285
<TOTAL-REVENUES>                         14,995,675
<CGS>                                       182,276
<TOTAL-COSTS>                               182,276
<OTHER-EXPENSES>                            759,672
<LOSS-PROVISION>                                (0)
<INTEREST-EXPENSE>                              (0)
<INCOME-PRETAX>                          14,472,024
<INCOME-TAX>                              2,573,000
<INCOME-CONTINUING>                             (0)
<DISCONTINUED>                                  (0)
<EXTRAORDINARY>                                 (0)
<CHANGES>                                       (0)
<NET-INCOME>                             11,899,024
<EPS-PRIMARY>                                  0.44
<EPS-DILUTED>                                  0.41