<ARTICLE> 5
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               MAR-31-1997
<CASH>                                           2,865
<SECURITIES>                                    18,268
<RECEIVABLES>                                    2,752
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                28,228
<PP&E>                                           4,843
<DEPRECIATION>                                   3,193
<TOTAL-ASSETS>                                  30,143
<CURRENT-LIABILITIES>                            8,552
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             7
<OTHER-SE>                                      21,591
<TOTAL-LIABILITY-AND-EQUITY>                    30,143
<SALES>                                          4,492
<TOTAL-REVENUES>                                 4,492
<CGS>                                               93
<TOTAL-COSTS>                                    4,971
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 236
<INCOME-PRETAX>                                  (243)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              (243)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     (243)
<EPS-PRIMARY>                                    (.04)
<EPS-DILUTED>                                    (.04)<F1>
<FN>
<F1>In the first quarter of 1997, common share equivalents, if included, would have
an anitdilutive effect on the net loss per share calculation, and are therefore
excluded from the fully diluted calculation. If included, the net loss per
share would be $0.03 per share
</FN>