<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 7,640,136 <SECURITIES> 0 <RECEIVABLES> 5,220,878 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 13,494,444 <PP&E> 1,472,617 <DEPRECIATION> 0 <TOTAL-ASSETS> 15,764,213 <CURRENT-LIABILITIES> 3,609,899 <BONDS> 65,592 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 299,345 <OTHER-SE> 11,681,578 <TOTAL-LIABILITY-AND-EQUITY> 15,764,213 <SALES> 0 <TOTAL-REVENUES> 8,967,234 <CGS> 0 <TOTAL-COSTS> 8,506,750 <OTHER-EXPENSES> (90,114) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 550,598 <INCOME-TAX> 173,844 <INCOME-CONTINUING> 376,754 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 376,754 <EPS-PRIMARY> .14 <EPS-DILUTED> .13