<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 
COMPANY'S CONSOLIDATED BALANCE SHEETS AS OF DECEMBER 31, 1996, AND THE
RELATED CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31,
1996, AND THE NOTES THERETO, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH CONSOLIDATED FINANCIAL STATEMENTS AND NOTES.
</LEGEND>
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                         131,101
<SECURITIES>                                   109,244
<RECEIVABLES>                                   24,092
<ALLOWANCES>                                         0
<INVENTORY>                                      7,544
<CURRENT-ASSETS>                               271,981
<PP&E>                                          30,276
<DEPRECIATION>                                   2,776
<TOTAL-ASSETS>                                 504,670
<CURRENT-LIABILITIES>                           52,117
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       525,350
<OTHER-SE>                                    (78,992)
<TOTAL-LIABILITY-AND-EQUITY>                   443,577
<SALES>                                        104,119
<TOTAL-REVENUES>                               104,119
<CGS>                                           21,301
<TOTAL-COSTS>                                   82,472
<OTHER-EXPENSES>                                   677
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 27,867
<INCOME-TAX>                                     3,539
<INCOME-CONTINUING>                             24,328
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    24,328
<EPS-PRIMARY>                                      .60
<EPS-DILUTED>                                      .59