<ARTICLE> 5 <PERIOD-TYPE> 3-mos <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 450 <SECURITIES> 0 <RECEIVABLES> 133,160 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 133,610 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 545,588 <CURRENT-LIABILITIES> 641,631 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 37,683 <COMMON> 25,999 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 545,588 <SALES> 0 <TOTAL-REVENUES> 310,698 <CGS> 0 <TOTAL-COSTS> 176,618 <OTHER-EXPENSES> 116,674 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,417 <INCOME-PRETAX> 14,987 <INCOME-TAX> 3,750 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 11,237 <EPS-PRIMARY> .000 <EPS-DILUTED> .000