<ARTICLE>                     5
<RESTATED>
<CURRENCY> U.S.
       
                                       
<PERIOD-TYPE>                        3-MOS         9-MOS
<FISCAL-YEAR-END>              DEC-31-1996   DEC-31-1996
<PERIOD-START>                 JUL-01-1996   JAN-01-1996
<PERIOD-END>                   SEP-30-1996   SEP-30-1996
<EXCHANGE-RATE>                          1             1
<CASH>                             625,670       625,670
<SECURITIES>                       344,415       344,415
<RECEIVABLES>                    2,704,650     2,704,650
<ALLOWANCES>                             0             0
<INVENTORY>                              0             0
<CURRENT-ASSETS>                 4,411,277     4,411,277
<PP&E>                           3,201,416     3,201,416
<DEPRECIATION>                   1,207,839     1,207,839
<TOTAL-ASSETS>                   7,904,001     7,904,001
<CURRENT-LIABILITIES>            2,163,824     2,163,824
<BONDS>                                  0             0
<PREFERRED-MANDATORY>                    0             0
<PREFERRED>                        640,000       640,000
<COMMON>                            57,564        57,564
<OTHER-SE>                         517,716       517,716
<TOTAL-LIABILITY-AND-EQUITY>     7,904,001     7,904,001
<SALES>                                  0             0
<TOTAL-REVENUES>                 4,139,061    12,003,702
<CGS>                                    0             0
<TOTAL-COSTS>                    1,227,419     3,075,137
<OTHER-EXPENSES>                 3,184,250     7,269,367
<LOSS-PROVISION>                         0             0
<INTEREST-EXPENSE>                 118,169       336,585
<INCOME-PRETAX>                   (381,617)    1,344,588
<INCOME-TAX>                      (141,838)      590,162
<INCOME-CONTINUING>               (239,779)      754,426
<DISCONTINUED>                           0             0
<EXTRAORDINARY>                          0             0
<CHANGES>                                0             0
<NET-INCOME>                      (239,779)      754,426
<EPS-PRIMARY>                         (.03)          .08
<EPS-DILUTED>                         (.03)          .08