<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from the consolidated financial statements and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 3,487 <SECURITIES> 3,000 <RECEIVABLES> 9,072 <ALLOWANCES> 0 <INVENTORY> 561 <CURRENT-ASSETS> 17,446 <PP&E> 2,388 <DEPRECIATION> 0 <TOTAL-ASSETS> 100,510 <CURRENT-LIABILITIES> 7,386 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 77 <OTHER-SE> 62,552 <TOTAL-LIABILITY-AND-EQUITY> 100,510 <SALES> 5,403 <TOTAL-REVENUES> 9,950 <CGS> 3,938 <TOTAL-COSTS> 7,903 <OTHER-EXPENSES> 152 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (4,691) <INCOME-TAX> (164) <INCOME-CONTINUING> (4,527) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,398) <EPS-PRIMARY> ($0.46) <EPS-DILUTED> ($0.46)