<ARTICLE> 5
<LEGEND>

THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
FOR QUARTER ENDED MARCH 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               MAR-31-1997
<CASH>                                             687
<SECURITIES>                                     4,094
<RECEIVABLES>                                    2,947<F1>
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 8,777
<PP&E>                                           2,628<F2>
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                  14,793
<CURRENT-LIABILITIES>                            4,100
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             9
<OTHER-SE>                                      10,684
<TOTAL-LIABILITY-AND-EQUITY>                    14,793
<SALES>                                            719
<TOTAL-REVENUES>                                 3,408
<CGS>                                               55
<TOTAL-COSTS>                                    1,629
<OTHER-EXPENSES>                                 2,586
<LOSS-PROVISION>                                   204
<INTEREST-EXPENSE>                                  40
<INCOME-PRETAX>                                   (799)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                               (799)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                      (799)
<EPS-PRIMARY>                                     (.16)
<EPS-DILUTED>                                     (.16)
<FN>
<F1> REPRESENT NET AMOUNTS.
<F2> REPRESENT NET AMOUNTS.
</FN>