<ARTICLE> 5
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                           4,390
<SECURITIES>                                        51
<RECEIVABLES>                                    2,159
<ALLOWANCES>                                        60
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 7,404
<PP&E>                                           1,059
<DEPRECIATION>                                     558
<TOTAL-ASSETS>                                   7,918
<CURRENT-LIABILITIES>                            3,636
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             6
<OTHER-SE>                                       3,828
<TOTAL-LIABILITY-AND-EQUITY>                     7,918
<SALES>                                              0
<TOTAL-REVENUES>                                11,682
<CGS>                                                0
<TOTAL-COSTS>                                    5,337
<OTHER-EXPENSES>                                 2,955
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                  3,389
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              3,389
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     3,389
<EPS-PRIMARY>                                        0 <F1>
<EPS-DILUTED>                                        0
<FN>
<F1>     The Statement of Income only reflects
         pro forma earnings per share.
</FN>