<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S CONSOLIDATED BALANCE SHEETS AS OF JUNE 30, 1996, AND THE RELATED
CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 1996,
AND THE NOTES THERETO, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
CONSOLIDATED FINANCIAL STATEMENTS AND NOTES.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                         107,003
<SECURITIES>                                   100,595
<RECEIVABLES>                                    9,397
<ALLOWANCES>                                         0
<INVENTORY>                                      3,294
<CURRENT-ASSETS>                               220,706
<PP&E>                                          20,822
<DEPRECIATION>                                   1,908
<TOTAL-ASSETS>                                 300,198
<CURRENT-LIABILITIES>                           19,208
<BONDS>                                          9,134
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       369,219
<OTHER-SE>                                    (98,257)
<TOTAL-LIABILITY-AND-EQUITY>                   300,198
<SALES>                                         26,960
<TOTAL-REVENUES>                                37,386
<CGS>                                            7,422
<TOTAL-COSTS>                                   29,813
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 516
<INCOME-PRETAX>                                  9,465
<INCOME-TAX>                                       800
<INCOME-CONTINUING>                              8,665
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     8,665
<EPS-PRIMARY>                                     0.23
<EPS-DILUTED>                                     0.23