<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATMENT 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-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 12,033 <SECURITIES> 12,779 <RECEIVABLES> 20,581 <ALLOWANCES> 0 <INVENTORY> 4,722 <CURRENT-ASSETS> 55,595 <PP&E> 6,226 <DEPRECIATION> 0 <TOTAL-ASSETS> 79,656 <CURRENT-LIABILITIES> 7,531 <BONDS> 4,087 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 467 <OTHER-SE> 67,862 <TOTAL-LIABILITY-AND-EQUITY> 79,656 <SALES> 14,379 <TOTAL-REVENUES> 14,765 <CGS> 2,269 <TOTAL-COSTS> 10,084 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 94 <INCOME-PRETAX> 4,587 <INCOME-TAX> 1,192 <INCOME-CONTINUING> 4,587 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,395 <EPS-PRIMARY> 0.07 <EPS-DILUTED> 0.07