<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JUL-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 32,446 <SECURITIES> 11,216 <RECEIVABLES> 13,851 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 59,015 <PP&E> 6,936 <DEPRECIATION> 0 <TOTAL-ASSETS> 66,185 <CURRENT-LIABILITIES> 11,523 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 16 <OTHER-SE> 54,197 <TOTAL-LIABILITY-AND-EQUITY> 66,185 <SALES> 8,742 <TOTAL-REVENUES> 14,220 <CGS> 162 <TOTAL-COSTS> 4,298 <OTHER-EXPENSES> 9,210 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (476) <INCOME-PRETAX> 1,188 <INCOME-TAX> 95 <INCOME-CONTINUING> 1,093 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,093 <EPS-PRIMARY> 0.06 <EPS-DILUTED> 0.06