<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM MARCH 31,
2000 FORM 10Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                       5,124,000
<SECURITIES>                                 5,556,000
<RECEIVABLES>                                1,906,000
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             8,691,000
<PP&E>                                       3,483,000
<DEPRECIATION>                                 910,000
<TOTAL-ASSETS>                              27,426,000
<CURRENT-LIABILITIES>                        2,487,000
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       545,000
<OTHER-SE>                                  22,208,000
<TOTAL-LIABILITY-AND-EQUITY>                27,426,000
<SALES>                                      5,063,000
<TOTAL-REVENUES>                             5,063,000
<CGS>                                                0
<TOTAL-COSTS>                                3,697,000
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              1,366,000
<INCOME-TAX>                                   447,000
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   919,000
<EPS-BASIC>                                        .24
<EPS-DILUTED>                                      .24