<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S JUNE 30, 1998 UNAUDITED 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-START>                             APR-01-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                      54,972,145
<SECURITIES>                                13,533,712
<RECEIVABLES>                               13,279,463
<ALLOWANCES>                                   300,000
<INVENTORY>                                          0
<CURRENT-ASSETS>                            85,927,018
<PP&E>                                       5,853,943
<DEPRECIATION>                               1,538,752
<TOTAL-ASSETS>                              96,739,905
<CURRENT-LIABILITIES>                        8,214,513
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         1,178
<OTHER-SE>                                  88,524,214
<TOTAL-LIABILITY-AND-EQUITY>                96,739,905
<SALES>                                     11,459,887
<TOTAL-REVENUES>                            11,459,887
<CGS>                                        2,576,841
<TOTAL-COSTS>                                2,576,841
<OTHER-EXPENSES>                            11,732,587
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               5,644
<INCOME-PRETAX>                            (2,358,866)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (2,358,866)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (2,358,866)
<EPS-PRIMARY>                                    (.23)
<EPS-DILUTED>                                    (.23)