<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM (A) THE CONSOLIDATED BALANCE SHEET AND STATEMENT OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH (B) FINANCIAL STATEMENTS </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 4-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <EXCHANGE-RATE> 1 <CASH> 5,060 <SECURITIES> 0 <RECEIVABLES> 14,210 <ALLOWANCES> (2,011) <INVENTORY> 0 <CURRENT-ASSETS> 17,624 <PP&E> 13,354 <DEPRECIATION> 0 <TOTAL-ASSETS> 30,978 <CURRENT-LIABILITIES> 407 <BONDS> 5,224 <COMMON> 64,255 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (38,908) <TOTAL-LIABILITY-AND-EQUITY> 30,978 <SALES> 0 <TOTAL-REVENUES> 1,170 <CGS> 0 <TOTAL-COSTS> (175) <OTHER-EXPENSES> (418) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (137) <INCOME-PRETAX> 440 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 440 <EPS-PRIMARY> 0.05 <EPS-DILUTED> 0