<ARTICLE> 5 <LEGEND> CONDENSED CONSOLIDATED BALANCE SHEET AND THE CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 5,666 <SECURITIES> 29,533 <RECEIVABLES> 22,906 <ALLOWANCES> 549 <INVENTORY> 0 <CURRENT-ASSETS> 59,211 <PP&E> 12,961 <DEPRECIATION> 5,787 <TOTAL-ASSETS> 76,703 <CURRENT-LIABILITIES> 18,607 <BONDS> 0 <COMMON> 19 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 58,077 <TOTAL-LIABILITY-AND-EQUITY> 76,703 <SALES> 0 <TOTAL-REVENUES> 22,422 <CGS> 0 <TOTAL-COSTS> 9,518 <OTHER-EXPENSES> 8,465 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 4,850 <INCOME-TAX> 2,037 <INCOME-CONTINUING> 2,813 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,813 <EPS-PRIMARY> 0.14 <EPS-DILUTED> 0.14