<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