<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED CONSOLIDATED BALANCE SHEETS AND CONDENSED CONSOLIDATED STATEMENTS OF INCOME ON PAGES TWO AND THREE OF THE COMPANY'S FORM 10Q FOR THE YEAR-TO-DATE AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 23,310,269 <SECURITIES> 0 <RECEIVABLES> 16,409,659 <ALLOWANCES> (468,000) <INVENTORY> 0 <CURRENT-ASSETS> 48,715,724 <PP&E> 12,154,706 <DEPRECIATION> (1,367,233) <TOTAL-ASSETS> 79,013,376 <CURRENT-LIABILITIES> 4,870,852 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 62,695 <OTHER-SE> 68,723,830 <TOTAL-LIABILITY-AND-EQUITY> 79,013,376 <SALES> 1,616,257 <TOTAL-REVENUES> 8,454,292 <CGS> 534,352 <TOTAL-COSTS> 6,812,450 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 25,000 <INTEREST-EXPENSE> (504,281) <INCOME-PRETAX> 2,146,123 <INCOME-TAX> 804,010 <INCOME-CONTINUING> 1,342,113 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,342,113 <EPS-PRIMARY> .18 <EPS-DILUTED> .18