<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONDENSED
CONSOLIDATED FINANCIAL STATEMENTS FOR THE COMPANY AS OF MARCH 31, 1999 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               MAR-31-1999
<CASH>                                       2,158,771<F1>
<SECURITIES>                                         0
<RECEIVABLES>                                3,651,418
<ALLOWANCES>                                         0
<INVENTORY>                                    658,661
<CURRENT-ASSETS>                             6,512,984
<PP&E>                                         282,035
<DEPRECIATION>                                 159,979
<TOTAL-ASSETS>                              54,945,363
<CURRENT-LIABILITIES>                        6,818,211
<BONDS>                                      2,848,358
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        100
<COMMON>                                       125,254
<OTHER-SE>                                 (5,845,828)
<TOTAL-LIABILITY-AND-EQUITY>                54,945,363
<SALES>                                     12,347,003
<TOTAL-REVENUES>                            12,347,003
<CGS>                                        4,914,497
<TOTAL-COSTS>                                4,914,497
<OTHER-EXPENSES>                             5,628,452
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              84,883
<INCOME-PRETAX>                              1,712,801
<INCOME-TAX>                                   702,000
<INCOME-CONTINUING>                          1,010,801
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,010,801
<EPS-PRIMARY>                                      .09
<EPS-DILUTED>                                      .09
<FN>
<F1>CASH INCLUDES $1,619,903 WHICH IS RESTRICTED IN USE.
</FN>