<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 9,365 <SECURITIES> 9,805 <RECEIVABLES> 16,211 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 39,922 <PP&E> 6,819 <DEPRECIATION> 1,543 <TOTAL-ASSETS> 72,145 <CURRENT-LIABILITIES> 18,956 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 75 <OTHER-SE> 49,238 <TOTAL-LIABILITY-AND-EQUITY> 72,145 <SALES> 25,689 <TOTAL-REVENUES> 25,689 <CGS> 14,463 <TOTAL-COSTS> 22,677 <OTHER-EXPENSES> (87) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 356 <INCOME-PRETAX> 2,744 <INCOME-TAX> 373 <INCOME-CONTINUING> 2,371 <DISCONTINUED> 0 <EXTRAORDINARY> (1,140) <CHANGES> 0 <NET-INCOME> 1,231 <EPS-PRIMARY> 0.11 <EPS-DILUTED> 0.10 <FN> Earnings per share basic (EPS-PRIMARY) and diluted reflects the adjustment for income taxes as if the company were a C Corporation for the entire period. </FN>