<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, 1997 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JUL-01-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                       1,606,776
<SECURITIES>                                 9,206,571
<RECEIVABLES>                                1,219,756
<ALLOWANCES>                                 (197,080)
<INVENTORY>                                    211,720
<CURRENT-ASSETS>                            12,611,197
<PP&E>                                       4,191,769
<DEPRECIATION>                             (1,688,821)
<TOTAL-ASSETS>                              17,032,067
<CURRENT-LIABILITIES>                        2,399,616
<BONDS>                                              0
<PREFERRED-MANDATORY>                       11,988,205
<PREFERRED>                                          0
<COMMON>                                     3,396,663
<OTHER-SE>                                     547,948
<TOTAL-LIABILITY-AND-EQUITY>                 2,379,234
<SALES>                                      5,630,469
<TOTAL-REVENUES>                             5,849,349
<CGS>                                                0
<TOTAL-COSTS>                                4,453,120
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              1,396,229
<INCOME-TAX>                                   565,623
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   830,606
<EPS-PRIMARY>                                     $.03
<EPS-DILUTED>                                        0