<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <EXCHANGE-RATE> 1 <CASH> 16,831 <SECURITIES> 0 <RECEIVABLES> 25,407 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 46,753 <PP&E> 13,387 <DEPRECIATION> 5,491 <TOTAL-ASSETS> 61,652 <CURRENT-LIABILITIES> 29,310 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 88 <OTHER-SE> 32,020 <TOTAL-LIABILITY-AND-EQUITY> 61,652 <SALES> 0 <TOTAL-REVENUES> 17,670 <CGS> 0 <TOTAL-COSTS> 10,526 <OTHER-EXPENSES> 5,450 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 14 <INCOME-PRETAX> 1,895 <INCOME-TAX> 782 <INCOME-CONTINUING> 1,113 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,113 <EPS-PRIMARY> 0 <EPS-DILUTED> 0.12