<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-START> APR-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <CASH> 15,272,751 <SECURITIES> 9,531,226 <RECEIVABLES> 2,345,175 <ALLOWANCES> (80,000) <INVENTORY> 0 <CURRENT-ASSETS> 27,930,215 <PP&E> 1,764,447 <DEPRECIATION> (642,347) <TOTAL-ASSETS> 29,186,377 <CURRENT-LIABILITIES> 5,153,770 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 9,179 <OTHER-SE> 24,005,563 <TOTAL-LIABILITY-AND-EQUITY> 29,186,377 <SALES> 6,406,255 <TOTAL-REVENUES> 6,406,255 <CGS> 1,306,454 <TOTAL-COSTS> 7,808,321 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,247,349) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,247,349) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,247,349) <EPS-PRIMARY> (0.17) <EPS-DILUTED> (0.17)