<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 19,597 <SECURITIES> 14,731 <RECEIVABLES> 10,035 <ALLOWANCES> 675 <INVENTORY> 2,676 <CURRENT-ASSETS> 49,962 <PP&E> 4,915 <DEPRECIATION> 1,251 <TOTAL-ASSETS> 54,155 <CURRENT-LIABILITIES> 18,160 <BONDS> 37,500 <PREFERRED-MANDATORY> 52,579 <PREFERRED> 48,518 <COMMON> 3 <OTHER-SE> (102,605) <TOTAL-LIABILITY-AND-EQUITY> 54,155 <SALES> 73,474 <TOTAL-REVENUES> 73,474 <CGS> 15,912 <TOTAL-COSTS> 25,078 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 325 <INTEREST-EXPENSE> 3,545 <INCOME-PRETAX> 30,139 <INCOME-TAX> 11,557 <INCOME-CONTINUING> 18,582 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 18,582 <EPS-PRIMARY> 5.74 <EPS-DILUTED> 0.63