<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET, STATEMENT OF OPERATIONS AND STATEMENT OF CASH FLOWS INCLUDED IN THE
COMPANY'S FORM 10-K FOR THE PERIOD ENDING JUNE 30, 1999 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               JUN-30-1999
<CASH>                                          49,916
<SECURITIES>                                         0
<RECEIVABLES>                                      425
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                53,330
<PP&E>                                          10,476
<DEPRECIATION>                                   5,353
<TOTAL-ASSETS>                                  59,389
<CURRENT-LIABILITIES>                           18,293
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            37
<OTHER-SE>                                      40,684
<TOTAL-LIABILITY-AND-EQUITY>                    59,389
<SALES>                                              0
<TOTAL-REVENUES>                                71,710
<CGS>                                              125
<TOTAL-COSTS>                                      125
<OTHER-EXPENSES>                                35,430
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 37,769
<INCOME-TAX>                                    15,108
<INCOME-CONTINUING>                             22,661
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    22,661
<EPS-BASIC>                                        .61
<EPS-DILUTED>                                      .58