<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <EXCHANGE-RATE> 1 <CASH> 7,913 <SECURITIES> 51,103 <RECEIVABLES> 7,706 <ALLOWANCES> 590 <INVENTORY> 0 <CURRENT-ASSETS> 608 <PP&E> 6,793 <DEPRECIATION> 2,024 <TOTAL-ASSETS> 71,508 <CURRENT-LIABILITIES> 17,153 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 73,525 <OTHER-SE> (19,170) <TOTAL-LIABILITY-AND-EQUITY> 71,508 <SALES> 22,857 <TOTAL-REVENUES> 28,590 <CGS> 1,045 <TOTAL-COSTS> 3,525 <OTHER-EXPENSES> 18,131 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,456 <INCOME-PRETAX> 8,390 <INCOME-TAX> 3,188 <INCOME-CONTINUING> 5,202 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,202) <EPS-BASIC> .36 <EPS-DILUTED> .36