<ARTICLE>         5

<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
REGISTRANT'S  QUARTERLY  REPORT ON FORM 10Q AND IS  QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO THE FINANCIAL STATEMENTS IN SUCH REPORT.
</LEGEND>


                                                                  
<PERIOD-TYPE>                                                              6-MOS
<FISCAL-YEAR-END>                                                    DEC-31-2000
<PERIOD-START>                                                       JAN-01-2000
<PERIOD-END>                                                         JUN-30-2000
<CASH>                                                                     1,205
<SECURITIES>                                                             107,953
<RECEIVABLES>                                                              4,715
<ALLOWANCES>                                                                   0
<INVENTORY>                                                                    0
<CURRENT-ASSETS>                                                         113,873
<PP&E>                                                                     2,486
<DEPRECIATION>                                                               915
<TOTAL-ASSETS>                                                           119,584
<CURRENT-LIABILITIES>                                                     16,979
<BONDS>                                                                        0
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                                    0
<COMMON>                                                                      91
<OTHER-SE>                                                               102,514
<TOTAL-LIABILITY-AND-EQUITY>                                             119,584
<SALES>                                                                   11,172
<TOTAL-REVENUES>                                                          23,222
<CGS>                                                                          0
<TOTAL-COSTS>                                                              9,698
<OTHER-EXPENSES>                                                               0
<LOSS-PROVISION>                                                               0
<INTEREST-EXPENSE>                                                             0
<INCOME-PRETAX>                                                           13,524
<INCOME-TAX>                                                               5,721
<INCOME-CONTINUING>                                                        7,803
<DISCONTINUED>                                                                 0
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                               7,803
<EPS-BASIC>                                                               0.86
<EPS-DILUTED>                                                               0.86