<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 11,305 <SECURITIES> 21,801 <RECEIVABLES> 4,764 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 39,180 <PP&E> 4,718 <DEPRECIATION> 1,512 <TOTAL-ASSETS> 42,581 <CURRENT-LIABILITIES> 17,022 <BONDS> 0 <COMMON> 85 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 25,400 <TOTAL-LIABILITY-AND-EQUITY> 42,581 <SALES> 7,298 <TOTAL-REVENUES> 7,298 <CGS> 1,932 <TOTAL-COSTS> 6,805 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 945 <INCOME-TAX> 104 <INCOME-CONTINUING> 841 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 841 <EPS-PRIMARY> .10 <EPS-DILUTED> .10