<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL STATEMENTS FOR THE PERIOD ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 76,964 <SECURITIES> 31,609 <RECEIVABLES> 24,387 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 155,668 <PP&E> 28,283 <DEPRECIATION> 7,022 <TOTAL-ASSETS> 217,689 <CURRENT-LIABILITIES> 34,772 <BONDS> 653 <PREFERRED-MANDATORY> 0 <PREFERRED> 9 <COMMON> 2,967 <OTHER-SE> 170,132 <TOTAL-LIABILITY-AND-EQUITY> 217,689 <SALES> 0 <TOTAL-REVENUES> 158,252 <CGS> 0 <TOTAL-COSTS> 82,339 <OTHER-EXPENSES> 48,955 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 212 <INCOME-PRETAX> 31,337 <INCOME-TAX> 12,395 <INCOME-CONTINUING> 18,909 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 18,909 <EPS-PRIMARY> 0.67 <EPS-DILUTED> 0.50