<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 1997 AND 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 6,391,594 <SECURITIES> 0 <RECEIVABLES> 8,834,966 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 26,479,028 <PP&E> 7,095,054 <DEPRECIATION> 0 <TOTAL-ASSETS> 33,574,082 <CURRENT-LIABILITIES> 19,051,730 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 9,247 <OTHER-SE> 14,513,105 <TOTAL-LIABILITY-AND-EQUITY> 33,574,082 <SALES> 0 <TOTAL-REVENUES> 36,601,457 <CGS> 0 <TOTAL-COSTS> 35,441,397 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1,160,060 <INCOME-TAX> 469,000 <INCOME-CONTINUING> 691,060 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 691,060 <EPS-PRIMARY> 0.78 <EPS-DILUTED> 0