<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEETS AT MARCH 31, 1998, THE CONSOLIDATED STATEMENTS OF OPERATIONS, THE CONSOLIDATED STATEMENTS OF CASH FLOW AND THE RELATED NOTES FOR THE THREE MONTH PERIOD THEN ENDED, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 12,138 <SECURITIES> 0 <RECEIVABLES> 2,768 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 20,405 <PP&E> 900 <DEPRECIATION> 0 <TOTAL-ASSETS> 32,442 <CURRENT-LIABILITIES> 3,467 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 63 <OTHER-SE> 28,912 <TOTAL-LIABILITY-AND-EQUITY> 32,442 <SALES> 3,387 <TOTAL-REVENUES> 3,387 <CGS> 425 <TOTAL-COSTS> 425 <OTHER-EXPENSES> 3,055 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 50 <INCOME-TAX> 15 <INCOME-CONTINUING> 35 <DISCONTINUED> (2,645) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,610) <EPS-PRIMARY> ($0.41) <EPS-DILUTED> ($0.41)