<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 21,643 <SECURITIES> 61,117 <RECEIVABLES> 48,181 <ALLOWANCES> 1,647 <INVENTORY> 0 <CURRENT-ASSETS> 123,652 <PP&E> 15,725 <DEPRECIATION> 6,952 <TOTAL-ASSETS> 142,541 <CURRENT-LIABILITIES> 41,328 <BONDS> 706 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 258 <OTHER-SE> 100,249 <TOTAL-LIABILITY-AND-EQUITY> 142,541 <SALES> 0 <TOTAL-REVENUES> 33,165 <CGS> 0 <TOTAL-COSTS> 12,886 <OTHER-EXPENSES> 13,259 <LOSS-PROVISION> 503 <INTEREST-EXPENSE> (920) <INCOME-PRETAX> 7,437 <INCOME-TAX> 2,974 <INCOME-CONTINUING> 4,463 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,463 <EPS-PRIMARY> .17 <EPS-DILUTED> .17