<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S MARCH 31, 1999 UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               MAR-31-1999
<CASH>                                     161,111,620
<SECURITIES>                                25,426,682
<RECEIVABLES>                               29,836,031
<ALLOWANCES>                                   800,000
<INVENTORY>                                          0
<CURRENT-ASSETS>                           205,827,371
<PP&E>                                      16,941,885
<DEPRECIATION>                               3,557,558
<TOTAL-ASSETS>                             305,463,464
<CURRENT-LIABILITIES>                       20,941,284
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         3,092
<OTHER-SE>                                 284,333,201
<TOTAL-LIABILITY-AND-EQUITY>               305,463,464
<SALES>                                     29,610,731
<TOTAL-REVENUES>                            29,610,731
<CGS>                                        6,344,454
<TOTAL-COSTS>                                6,344,454
<OTHER-EXPENSES>                            21,478,169
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               5,132
<INCOME-PRETAX>                              3,972,471
<INCOME-TAX>                                 1,390,365
<INCOME-CONTINUING>                          2,582,106
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,582,106
<EPS-PRIMARY>                                      .08
<EPS-DILUTED>                                      .08