<ARTICLE>                                                            5
                                                                      
                                                                    
<PERIOD-TYPE>                                                             3-MOS
<FISCAL-YEAR-END>                                                   DEC-31-1996
<PERIOD-START>                                                      JAN-01-1996
<PERIOD-END>                                                        MAR-31-1996
<CASH>                                                               $1,204,278
<SECURITIES>                                                         25,715,290
<RECEIVABLES>                                                         6,134,471
<ALLOWANCES>                                                             14,564
<INVENTORY>                                                             962,376
<CURRENT-ASSETS>                                                     34,572,513
<PP&E>                                                               12,348,484
<DEPRECIATION>                                                        1,439,914
<TOTAL-ASSETS>                                                       51,872,705
<CURRENT-LIABILITIES>                                                 6,118,197
<BONDS>                                                               4,560,699
<PREFERRED-MANDATORY>                                                         0
<PREFERRED>                                                                   0
<COMMON>                                                             37,141,872
<OTHER-SE>                                                            3,449,770
<TOTAL-LIABILITY-AND-EQUITY>                                         51,872,705
<SALES>                                                               5,923,594
<TOTAL-REVENUES>                                                      8,104,904
<CGS>                                                                 3,162,695
<TOTAL-COSTS>                                                         4,230,582
<OTHER-EXPENSES>                                                              0
<LOSS-PROVISION>                                                              0
<INTEREST-EXPENSE>                                                     (220,705)
<INCOME-PRETAX>                                                         932,332
<INCOME-TAX>                                                            286,917
<INCOME-CONTINUING>                                                     645,415
<DISCONTINUED>                                                                0
<EXTRAORDINARY>                                                               0
<CHANGES>                                                                     0
<NET-INCOME>                                                            645,415
<EPS-PRIMARY>                                                              0.09
<EPS-DILUTED>                                                              0.09