<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Condensed Financial Statements and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 17,639,970 <SECURITIES> 0 <RECEIVABLES> 5,851,325 <ALLOWANCES> 150,000 <INVENTORY> 879,132 <CURRENT-ASSETS> 24,527,842 <PP&E> 84,013 <DEPRECIATION> 0 <TOTAL-ASSETS> 24,687,761 <CURRENT-LIABILITIES> 3,478,391 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,233 <OTHER-SE> 21,207,137 <TOTAL-LIABILITY-AND-EQUITY> 24,687,761 <SALES> 5,147,461 <TOTAL-REVENUES> 5,218,290 <CGS> 3,415,911 <TOTAL-COSTS> 3,415,911 <OTHER-EXPENSES> 881,064 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1,164,256 <INCOME-TAX> 473,000 <INCOME-CONTINUING> 691,256 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 691,256 <EPS-PRIMARY> 0.15 <EPS-DILUTED> 0.15