WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  
                                     
                                           
<ARTICLE>                                                       5
<MULTIPLIER>                                                 1000
                                           
                                           
<PERIOD-TYPE>                                               3-MOS
<FISCAL-YEAR-END>                                     Dec-31-1999
<PERIOD-START>                                        Jan-01-1999
<PERIOD-END>                                        March-31-1999
<CASH>                                                      8,033
<SECURITIES>                                               40,283
<RECEIVABLES>                                              10,282
<ALLOWANCES>                                                2,020
<INVENTORY>                                                     0
<CURRENT-ASSETS>                                           58,876
<PP&E>                                                      4,016
<DEPRECIATION>                                                  0
<TOTAL-ASSETS>                                             73,284
<CURRENT-LIABILITIES>                                      17,038
<BONDS>                                                         0
<PREFERRED-MANDATORY>                                           0
<PREFERRED>                                                     0
<COMMON>                                                      164
<OTHER-SE>                                                 56,082
<TOTAL-LIABILITY-AND-EQUITY>                               73,284
<SALES>                                                    10,037
<TOTAL REVENUES>                                           15,868
<CGS>                                                         848
<TOTAL-COSTS>                                               1,625
<OTHER-EXPENSES>                                            9,669
<LOSS-PROVISION>                                                0
<INTEREST-EXPENSE>                                              0
<INCOME-PRETAX>                                             5,124
<INCOME-TAX>                                                1,407
<INCOME-CONTINUING>                                         3,717
<DISCONTINUED>                                                  0
<EXTRAORDINARY>                                                 0
<CHANGES>                                                       0
<NET-INCOME>                                                3,717
<EPS-PRIMARY>                                                 .23
<EPS-DILUTED>                                                 .22