<ARTICLE>               5
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
Company's  Form 10-K for the period ended  December 31, 1997 and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
       
                                         
<PERIOD-TYPE>                              12-MOS
<FISCAL-YEAR-END>                                            DEC-31-1997
<PERIOD-START>                                               JAN-01-1997
<PERIOD-END>                                                 DEC-31-1997
<CASH>                                                        11,964,129
<SECURITIES>                                                  18,915,686
<RECEIVABLES>                                                 22,200,262
<ALLOWANCES>                                                     267,595
<INVENTORY>                                                            0
<CURRENT-ASSETS>                                              61,868,116
<PP&E>                                                         3,885,585
<DEPRECIATION>                                                   337,873
<TOTAL-ASSETS>                                                84,267,691
<CURRENT-LIABILITIES>                                         32,541,855
<BONDS>                                                                0
<PREFERRED-MANDATORY>                                                  0
<PREFERRED>                                                    5,000,000
<COMMON>                                                         113,456
<OTHER-SE>                                                    46,612,380
<TOTAL-LIABILITY-AND-EQUITY>                                  84,267,691
<SALES>                                                       85,441,712
<TOTAL-REVENUES>                                              85,441,712
<CGS>                                                         71,480,995
<TOTAL-COSTS>                                                 71,480,995
<OTHER-EXPENSES>                                               1,287,500
<LOSS-PROVISION>                                                       0
<INTEREST-EXPENSE>                                               287,633
<INCOME-PRETAX>                                                 (615,661)
<INCOME-TAX>                                                     227,988
<INCOME-CONTINUING>                                             (843,649)
<DISCONTINUED>                                                         0
<EXTRAORDINARY>                                                        0
<CHANGES>                                                              0
<NET-INCOME>                                                    (843,649)
<EPS-PRIMARY>                                                      (0.13)
<EPS-DILUTED>                                                          0