<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> 12-MOS <FISCAL-YEAR-END> APR-30-1997 <PERIOD-START> MAY-01-1996 <PERIOD-END> APR-30-1997 <CASH> 18,825,764 <SECURITIES> 6,039,255 <RECEIVABLES> 16,327,510 <ALLOWANCES> 356,195 <INVENTORY> 18,880 <CURRENT-ASSETS> 42,787,113 <PP&E> 2,692,778 <DEPRECIATION> 1,675,749 <TOTAL-ASSETS> 46,833,019 <CURRENT-LIABILITIES> 8,261,754 <BONDS> 287,120 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 72,974 <OTHER-SE> 37,894,811 <TOTAL-LIABILITY-AND-EQUITY> 46,833,019 <SALES> 18,589,540 <TOTAL-REVENUES> 27,351,895 <CGS> 889,163 <TOTAL-COSTS> 6,433,494 <OTHER-EXPENSES> 18,412,728 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 403,989 <INCOME-PRETAX> 2,909,662 <INCOME-TAX> 964,402 <INCOME-CONTINUING> 1,945,260 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,945,260 <EPS-PRIMARY> .30 <EPS-DILUTED> .30