<ARTICLE> 5 <RESTATED> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 1,910,134 <SECURITIES> 0 <RECEIVABLES> 3,600,887 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,866,001 <PP&E> 3,549,124 <DEPRECIATION> 0 <TOTAL-ASSETS> 12,000,610 <CURRENT-LIABILITIES> 2,689,210 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 15,217 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 12,000,610 <SALES> 0 <TOTAL-REVENUES> 4,662,465 <CGS> 0 <TOTAL-COSTS> 5,351,937 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 9,008 <INCOME-PRETAX> (689,472) <INCOME-TAX> (240,000) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (449,472) <EPS-PRIMARY> (.30) <EPS-DILUTED> (.30)