<ARTICLE> 5

<LEGEND> 
The schedule contains summary financial information
extracted from the consolidated financial statements and is
qualified in its entirety by reference to such financial
statements.
</LEGEND>

<MULTIPLIER> 1

       
                               
<PERIOD-TYPE>                           9-MOS
<FISCAL-YEAR-END>                 MAR-31-1996
<PERIOD-END>                      DEC-31-1995
<CASH>                              6,744,549
<SECURITIES>                          919,813
<RECEIVABLES>                         772,726
<ALLOWANCES>                           15,000
<INVENTORY>                                 0
<CURRENT-ASSETS>                    7,569,228
<PP&E>                                658,100
<DEPRECIATION>                        356,720
<TOTAL-ASSETS>                      9,364,532
<CURRENT-LIABILITIES>               1,098,633
<BONDS>                                     0
<PREFERRED-MANDATORY>                       0
<PREFERRED>                                 0
<COMMON>                               42,500
<OTHER-SE>                          3,267,699
<TOTAL-LIABILITY-AND-EQUITY>        9,364,532
<SALES>                             4,133,698
<TOTAL-REVENUES>                    4,133,698
<CGS>                               1,947,573
<TOTAL-COSTS>                       1,947,573
<OTHER-EXPENSES>                    1,954,537
<LOSS-PROVISION>                            0
<INTEREST-EXPENSE>                          0
<INCOME-PRETAX>                       781,201
<INCOME-TAX>                          310,000
<INCOME-CONTINUING>                   471,201
<DISCONTINUED>                              0
<EXTRAORDINARY>                             0
<CHANGES>                                   0
<NET-INCOME>                          471,201
<EPS-PRIMARY>                            0.11
<EPS-DILUTED>                            0.11