<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> JUN-30-2000 <CASH> 127,205,724 <SECURITIES> 2,449,532 <RECEIVABLES> 21,817,548 <ALLOWANCES> 806,865 <INVENTORY> 0 <CURRENT-ASSETS> 158,994,536 <PP&E> 8,951,086 <DEPRECIATION> 2,416,971 <TOTAL-ASSETS> 169,316,499 <CURRENT-LIABILITIES> 9,029,417 <BONDS> 0 <PREFERRED-MANDATORY> 25,791 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 159,712,040 <TOTAL-LIABILITY-AND-EQUITY> 169,316,499 <SALES> 1,451,733 <TOTAL-REVENUES> 42,420,122 <CGS> 1,107,956 <TOTAL-COSTS> 21,982,547 <OTHER-EXPENSES> 18,819,831 <LOSS-PROVISION> 238,521 <INTEREST-EXPENSE> 31,826 <INCOME-PRETAX> 4,796,136 <INCOME-TAX> 2,103,650 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,692,486 <EPS-BASIC> 0.11 <EPS-DILUTED> 0.08