<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> JUN-30-1997 JUN-30-1996 <PERIOD-START> JUL-01-1997 JUL-01-1996 <PERIOD-END> SEP-30-1997 SEP-30-1996 <CASH> 31,488 47,180 <SECURITIES> 16,682 0 <RECEIVABLES> 16,419 18,246 <ALLOWANCES> 377 385 <INVENTORY> 0 0 <CURRENT-ASSETS> 68,442 68,884 <PP&E> 11,474 8,845 <DEPRECIATION> 2,343 1,580 <TOTAL-ASSETS> 80,803 79,734 <CURRENT-LIABILITIES> 18,414 18,556 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 62,839 62,711 <OTHER-SE> (730) (2,271) <TOTAL-LIABILITY-AND-EQUITY> 80,803 79,374 <SALES> 0 0 <TOTAL-REVENUES> 15,543 4,236 <CGS> 0 0 <TOTAL-COSTS> 2,476 835 <OTHER-EXPENSES> 11,106 4,164 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 370 143 <INCOME-PRETAX> 2,331 (620) <INCOME-TAX> 816 0 <INCOME-CONTINUING> 0 0 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 1,515 (620) <EPS-PRIMARY> .06 (.03) <EPS-DILUTED> 0 0