<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             APR-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                             560
<SECURITIES>                                    55,731
<RECEIVABLES>                                    1,451
<ALLOWANCES>                                     (149)
<INVENTORY>                                          0
<CURRENT-ASSETS>                                58,479
<PP&E>                                           6,333
<DEPRECIATION>                                   1,108
<TOTAL-ASSETS>                                  64,379
<CURRENT-LIABILITIES>                            5,601
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        74,287
<OTHER-SE>                                     (5,025)
<TOTAL-LIABILITY-AND-EQUITY>                    64,379
<SALES>                                              0
<TOTAL-REVENUES>                                 3,286
<CGS>                                              729
<TOTAL-COSTS>                                    7,435
<OTHER-EXPENSES>                                 (155)
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                (4,723)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            (4,723)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (4,723)
<EPS-PRIMARY>                                   (0.52)
<EPS-DILUTED>                                        0