WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> 5
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                       7,207,273            
<SECURITIES>                                43,905,707            
<RECEIVABLES>                               12,779,270            
<ALLOWANCES>                                   843,695            
<INVENTORY>                                          0        
<CURRENT-ASSETS>                            67,280,437            
<PP&E>                                       5,991,647            
<DEPRECIATION>                               2,005,065            
<TOTAL-ASSETS>                              71,438,244            
<CURRENT-LIABILITIES>                        8,630,672            
<BONDS>                                              0        
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       138,434
<OTHER-SE>                                  62,669,138
<TOTAL-LIABILITY-AND-EQUITY>                71,438,244
<SALES>                                              0
<TOTAL-REVENUES>                            85,343,514
<CGS>                                                0
<TOTAL-COSTS>                               50,507,854
<OTHER-EXPENSES>                            19,422,259
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                         (2,083,155)
<INCOME-PRETAX>                             17,496,556
<INCOME-TAX>                                 6,998,623
<INCOME-CONTINUING>                         10,497,933
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                10,497,933
<EPS-PRIMARY>                                      .80
<EPS-DILUTED>                                      .77