<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the unaudited financial statements contained in the Company's quarterly report on Form 10-Q for the quarter ended September 30, 1996 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 407,366 <SECURITIES> 9,076,428 <RECEIVABLES> 691,577 <ALLOWANCES> 0 <INVENTORY> 222,924 <CURRENT-ASSETS> 10,883,011 <PP&E> 2,774,318 <DEPRECIATION> (1,114,834) <TOTAL-ASSETS> 14,891,661 <CURRENT-LIABILITIES> 1,973,645 <BONDS> 132,285 <PREFERRED-MANDATORY> 12,593,390 <PREFERRED> 0 <COMMON> 3,802,071 <OTHER-SE> (3,780,273) <TOTAL-LIABILITY-AND-EQUITY> 14,891,661 <SALES> 0 <TOTAL-REVENUES> 13,972,903 <CGS> 0 <TOTAL-COSTS> 10,131,332 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 3,841,571 <INCOME-TAX> 1,560,371 <INCOME-CONTINUING> 2,281,200 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,281,200 <EPS-PRIMARY> .08 <EPS-DILUTED> 0