<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-QSB
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                       1,204,278
<SECURITIES>                                25,715,290
<RECEIVABLES>                                6,281,767
<ALLOWANCES>                                    14,564
<INVENTORY>                                    962,376
<CURRENT-ASSETS>                            34,792,513
<PP&E>                                      12,348,484
<DEPRECIATION>                             (1,439,914)
<TOTAL-ASSETS>                              52,092,705
<CURRENT-LIABILITIES>                        6,168,002
<BONDS>                                      5,108,866
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    37,141,872
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                52,092,705
<SALES>                                      5,923,594
<TOTAL-REVENUES>                             8,194,904
<CGS>                                        3,002,695
<TOTAL-COSTS>                                6,882,572
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              1,312,332
<INCOME-TAX>                                   442,717
<INCOME-CONTINUING>                            869,615
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   869,615
<EPS-PRIMARY>                                     0.12
<EPS-DILUTED>                                     0.12