<ARTICLE> 5
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<EXCHANGE-RATE>                                      1
<CASH>                                           7,075
<SECURITIES>                                    37,491
<RECEIVABLES>                                    4,803
<ALLOWANCES>                                       397
<INVENTORY>                                          0
<CURRENT-ASSETS>                                   696
<PP&E>                                           3,391
<DEPRECIATION>                                   1,111
<TOTAL-ASSETS>                                  51,948
<CURRENT-LIABILITIES>                           10,935
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        68,805
<OTHER-SE>                                    (27,792)
<TOTAL-LIABILITY-AND-EQUITY>                    51,948
<SALES>                                         22,076
<TOTAL-REVENUES>                                26,196
<CGS>                                            1,141
<TOTAL-COSTS>                                    3,052
<OTHER-EXPENSES>                                19,125
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               1,623
<INCOME-PRETAX>                                  5,642
<INCOME-TAX>                                       214
<INCOME-CONTINUING>                              5,428
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     5,428
<EPS-PRIMARY>                                      .39
<EPS-DILUTED>                                      .25