<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED CONSOLIDATED BALANCE SHEET AND CONDENSED CONSOLIDATED STATEMENT OF INCOME FILED AS PART OF FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-Q. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1998 <PERIOD-START> JAN-01-1997 JAN-01-1998 <PERIOD-END> MAR-31-1997 MAR-31-1998 <CASH> 5,226 23,596 <SECURITIES> 19,515 0 <RECEIVABLES> 3,597 1,065 <ALLOWANCES> (206) (485) <INVENTORY> 1,865 10 <CURRENT-ASSETS> 37,508 28,461 <PP&E> 15,535 3,236 <DEPRECIATION> (6,252) (715) <TOTAL-ASSETS> 47,545 30,982 <CURRENT-LIABILITIES> 3,146 2,584 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 98 98 <OTHER-SE> 43,310 28,300 <TOTAL-LIABILITY-AND-EQUITY> 47,545 30,982 <SALES> 2,600 661 <TOTAL-REVENUES> 2,600 757 <CGS> 1,938 381 <TOTAL-COSTS> 0 0 <OTHER-EXPENSES> 3,727 587 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 369 289 <INCOME-PRETAX> (2,696) 78 <INCOME-TAX> (944) 0 <INCOME-CONTINUING> 0 0 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (1,752) 78 <EPS-PRIMARY> (.09)<F1> .01<F1> <EPS-DILUTED> (.09)<F1> .01<F1> <FN> <F1>Earnings per share have been prepared in accordance with SFAS No. 128, "Earnings Per Share" and therefore basic and diluted earnings per share have been entered in place of primary and fully diluted EPS, respectively. </FN>