<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENT OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 14,314 <SECURITIES> 3,464 <RECEIVABLES> 3,335 <ALLOWANCES> 0 <INVENTORY> 2,613 <CURRENT-ASSETS> 24,692 <PP&E> 4,919 <DEPRECIATION> 0 <TOTAL-ASSETS> 34,594 <CURRENT-LIABILITIES> 6,506 <BONDS> 655 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 437 <OTHER-SE> 34,157 <TOTAL-LIABILITY-AND-EQUITY> 34,594 <SALES> 7,695 <TOTAL-REVENUES> 10,711 <CGS> 1,166 <TOTAL-COSTS> 9,750 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 35 <INCOME-PRETAX> 926 <INCOME-TAX> 0 <INCOME-CONTINUING> 926 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 926 <EPS-PRIMARY> 0.02 <EPS-DILUTED> 0