<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S CONSOLIDATED BALANCE SHEETS AS OF SEPTEMBER 30, 1996, AND THE RELATED
CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE NINE MONTHS ENDED SEPTEMBER 30,
1996, AND THE NOTES THERETO, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH CONSOLIDATED FINANCIAL STATEMENTS AND NOTES.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               SEP-30-1996
<CASH>                                          33,849
<SECURITIES>                                    53,389
<RECEIVABLES>                                   15,523
<ALLOWANCES>                                         0
<INVENTORY>                                      7,743
<CURRENT-ASSETS>                               111,423
<PP&E>                                          22,907
<DEPRECIATION>                                 (2,283)
<TOTAL-ASSETS>                                 334,556
<CURRENT-LIABILITIES>                           44,872
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       371,406
<OTHER-SE>                                    (92,050)
<TOTAL-LIABILITY-AND-EQUITY>                   334,556
<SALES>                                         45,900
<TOTAL-REVENUES>                                63,307
<CGS>                                           12,553
<TOTAL-COSTS>                                   38,581
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              (4,060)
<INCOME-PRETAX>                                 16,233
<INCOME-TAX>                                     1,762
<INCOME-CONTINUING>                             14,471
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    14,471
<EPS-PRIMARY>                                     0.37
<EPS-DILUTED>                                     0.36