<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS FOUND ON PAGES F-3 AND F-4 IN THE COMPANY'S FORM S-1 REGISTRATION STATEMENT FOR THE THREE MONTH PERIOD ENDED MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 24,390 <SECURITIES> 0 <RECEIVABLES> 11,010 <ALLOWANCES> 400 <INVENTORY> 3,468 <CURRENT-ASSETS> 39,997 <PP&E> 2,807 <DEPRECIATION> 550 <TOTAL-ASSETS> 42,805 <CURRENT-LIABILITIES> 11,161 <BONDS> 47,500 <PREFERRED-MANDATORY> 50,255 <PREFERRED> 48,518 <COMMON> 5 <OTHER-SE> (114,634) <TOTAL-LIABILITY-AND-EQUITY> 42,805 <SALES> 18,011 <TOTAL-REVENUES> 18,011 <CGS> 3,048 <TOTAL-COSTS> 4,709 <OTHER-EXPENSES> 14 <LOSS-PROVISION> 50 <INTEREST-EXPENSE> 900 <INCOME-PRETAX> 9,572 <INCOME-TAX> 3,924 <INCOME-CONTINUING> 5,648 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,648 <EPS-PRIMARY> 0.96 <EPS-DILUTED> 0.10