<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 85,925,126 <SECURITIES> 22,036,026 <RECEIVABLES> 25,337,537 <ALLOWANCES> 425,122 <INVENTORY> 0 <CURRENT-ASSETS> 153,658,181 <PP&E> 134,169,571 <DEPRECIATION> 55,755,497 <TOTAL-ASSETS> 238,516,523 <CURRENT-LIABILITIES> 61,632,781 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 300,000 <OTHER-SE> 161,244,742 <TOTAL-LIABILITY-AND-EQUITY> 238,516,523 <SALES> 66,840,310 <TOTAL-REVENUES> 66,840,310 <CGS> 0 <TOTAL-COSTS> 55,886,384 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 12,008,742 <INCOME-TAX> 4,203,060 <INCOME-CONTINUING> 7,805,682 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,805,682 <EPS-PRIMARY> 0.26 <EPS-DILUTED> 0.26