<ARTICLE> 5 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <EXCHANGE-RATE> 1 <CASH> 11,164 <SECURITIES> 39,238 <RECEIVABLES> 5,499 <ALLOWANCES> 450 <INVENTORY> 0 <CURRENT-ASSETS> 510 <PP&E> 4,086 <DEPRECIATION> 1,365 <TOTAL-ASSETS> 58,682 <CURRENT-LIABILITIES> 12,937 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 83,053 <OTHER-SE> (24,371) <TOTAL-LIABILITY-AND-EQUITY> 58,682 <SALES> 33,030 <TOTAL-REVENUES> 39,481 <CGS> 1,668 <TOTAL-COSTS> 4,596 <OTHER-EXPENSES> 27,529 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,255 <INCOME-PRETAX> 9,611 <INCOME-TAX> 532 <INCOME-CONTINUING> 9,079 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,079 <EPS-PRIMARY> .72 <EPS-DILUTED> .64