<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>                   3-MOS
<FISCAL-YEAR-END>                              APR-30-1998
<PERIOD-START>                                 MAY-01-1997
<PERIOD-END>                                   JUL-31-1997
<CASH>                                          14,742,713
<SECURITIES>                                     5,987,436
<RECEIVABLES>                                    4,441,532
<ALLOWANCES>                                       934,501
<INVENTORY>                                         47,146
<CURRENT-ASSETS>                                28,453,306
<PP&E>                                           2,881,454
<DEPRECIATION>                                  (1,767,346)
<TOTAL-ASSETS>                                  32,994,752
<CURRENT-LIABILITIES>                            7,703,789
<BONDS>                                            239,300
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                            73,812
<OTHER-SE>                                      24,533,596
<TOTAL-LIABILITY-AND-EQUITY>                    32,994,752
<SALES>                                          2,044,573
<TOTAL-REVENUES>                                 5,931,396
<CGS>                                              664,282
<TOTAL-COSTS>                                    3,939,869
<OTHER-EXPENSES>                                 5,893,257
<LOSS-PROVISION>                                         0
<INTEREST-EXPENSE>                                       0
<INCOME-PRETAX>                                 (3,901,730)
<INCOME-TAX>                                             0
<INCOME-CONTINUING>                             (3,653,027)
<DISCONTINUED>                                           0
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                    (3,653,027)
<EPS-PRIMARY>                                        (0.50)
<EPS-DILUTED>                                        (0.50)