<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 6,889 <SECURITIES> 0 <RECEIVABLES> 29,570 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 40,226 <PP&E> 11,142 <DEPRECIATION> 0 <TOTAL-ASSETS> 134,814 <CURRENT-LIABILITIES> 10,719 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 118 <OTHER-SE> 123,977 <TOTAL-LIABILITY-AND-EQUITY> 134,814 <SALES> 54,906 <TOTAL-REVENUES> 54,906 <CGS> 0 <TOTAL-COSTS> 109,575 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (88) <INCOME-PRETAX> (54,581) <INCOME-TAX> (11,959) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (42,622) <EPS-PRIMARY> (3.60) <EPS-DILUTED> (3.60)