<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ACCOMPANYING CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> APR-30-1997 <PERIOD-START> MAY-01-1996 <PERIOD-END> JAN-31-1997 <CASH> 28,794,133 <SECURITIES> 0 <RECEIVABLES> 10,864,624 <ALLOWANCES> 124,033 <INVENTORY> 28,643 <CURRENT-ASSETS> 40,519,136 <PP&E> 2,639,196 <DEPRECIATION> 1,593,914 <TOTAL-ASSETS> 42,483,218 <CURRENT-LIABILITIES> 4,636,904 <BONDS> 317,315 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 72,806 <OTHER-SE> 36,950,589 <TOTAL-LIABILITY-AND-EQUITY> 42,483,218 <SALES> 12,428,889 <TOTAL-REVENUES> 18,469,214 <CGS> 756,771 <TOTAL-COSTS> 4,582,311 <OTHER-EXPENSES> 12,513,586 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 109,786 <INCOME-PRETAX> 1,483,103 <INCOME-TAX> 481,000 <INCOME-CONTINUING> 1,002,103 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,002,103 <EPS-PRIMARY> .17 <EPS-DILUTED> .17