<ARTICLE> 5 <MULTIPLIER> 1000 <CURRENCY> DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <EXCHANGE-RATE> 1 <CASH> 8,371 <SECURITIES> 46,649 <RECEIVABLES> 6,126 <ALLOWANCES> 520 <INVENTORY> 0 <CURRENT-ASSETS> 483 <PP&E> 4,719 <DEPRECIATION> 1,672 <TOTAL-ASSETS> 64,156 <CURRENT-LIABILITIES> 14,058 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 72,251 <OTHER-SE> (22,153) <TOTAL-LIABILITY-AND-EQUITY> 64,156 <SALES> 10,980 <TOTAL-REVENUES> 13,529 <CGS> 476 <TOTAL-COSTS> 1,671 <OTHER-EXPENSES> 8,557 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 705 <INCOME-PRETAX> 4,006 <INCOME-TAX> 1,522 <INCOME-CONTINUING> 2,484 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,484 <EPS-PRIMARY> .19 <EPS-DILUTED> .17