<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 35,175,200 <SECURITIES> 7,981,698 <RECEIVABLES> 7,588,166 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 54,678,235 <PP&E> 8,855,130 <DEPRECIATION> 3,123,021 <TOTAL-ASSETS> 60,583,909 <CURRENT-LIABILITIES> 26,637,904 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 86,912 <OTHER-SE> 33,813,843 <TOTAL-LIABILITY-AND-EQUITY> 60,583,909 <SALES> 42,181,558 <TOTAL-REVENUES> 42,181,558 <CGS> 13,061,586 <TOTAL-COSTS> 40,331,628 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 3,989,903 <INCOME-TAX> 1,296,958 <INCOME-CONTINUING> 2,692,945 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,692,945 <EPS-PRIMARY> 0.31 <EPS-DILUTED> 0.31