<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS AND THE CONSOLIDATED STATEMENTS OF OPERATIONS FOUND
ON PAGES A-3 THROUGH A-5 OF THE COMPANY'S FORM 10-K FOR THE TWELVE MONTHS ENDED
DECEMBER 31, 1998, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                          30,180
<SECURITIES>                                   103,153
<RECEIVABLES>                                   34,605
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               172,469
<PP&E>                                          17,685
<DEPRECIATION>                                  11,183
<TOTAL-ASSETS>                                 327,179
<CURRENT-LIABILITIES>                          109,794
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           665
<OTHER-SE>                                     207,136
<TOTAL-LIABILITY-AND-EQUITY>                   327,179
<SALES>                                        278,246
<TOTAL-REVENUES>                               289,239
<CGS>                                                0
<TOTAL-COSTS>                                  142,234
<OTHER-EXPENSES>                                 2,903
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               8,604
<INCOME-PRETAX>                                142,152
<INCOME-TAX>                                    51,763
<INCOME-CONTINUING>                             83,735
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    83,735
<EPS-PRIMARY>                                     1.27
<EPS-DILUTED>                                     1.27