<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the condensed consolidated financial statements of the registrant and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 64,401,688 <SECURITIES> 673,843 <RECEIVABLES> 9,055,042 <ALLOWANCES> 170,000 <INVENTORY> 0 <CURRENT-ASSETS> 74,273,372 <PP&E> 2,780,221 <DEPRECIATION> 1,314,772 <TOTAL-ASSETS> 101,018,457 <CURRENT-LIABILITIES> 21,259,485 <BONDS> 0 <COMMON> 132,500 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 75,875,059 <TOTAL-LIABILITY-AND-EQUITY> 101,018,457 <SALES> 18,853,051 <TOTAL-REVENUES> 19,680,453 <CGS> 13,954,404 <TOTAL-COSTS> 14,662,251 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 65,975 <INCOME-PRETAX> 4,952,227 <INCOME-TAX> 2,120,290 <INCOME-CONTINUING> 2,831,937 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,831,937 <EPS-PRIMARY> .21 <EPS-DILUTED> .20