<TABLE> <S> <C>

<ARTICLE> 5
<MULTIPLIER> 1,000
       
<S>                             <C>                     <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   3-MOS                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1996             DEC-31-1996
<PERIOD-START>                             JUL-01-1996             APR-01-1996             JAN-01-1996
<PERIOD-END>                               SEP-30-1996             JUN-30-1996             MAR-31-1996
<CASH>                                          23,243                  25,406                  28,993
<SECURITIES>                                         0                       0                       0
<RECEIVABLES>                                    8,952                   6,294                   4,732
<ALLOWANCES>                                         0                       0                       0
<INVENTORY>                                          0                       0                       0
<CURRENT-ASSETS>                                32,750                  32,085                  34,033
<PP&E>                                           4,187                   3,583                   1,844
<DEPRECIATION>                                       0                       0                       0
<TOTAL-ASSETS>                                  39,334                  38,100                  37,436
<CURRENT-LIABILITIES>                            3,355                   2,864                   2,715
<BONDS>                                          1,414                   1,429                   1,469
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                          0                       0                       0
<COMMON>                                             0                       0                       0
<OTHER-SE>                                      33,483                  32,779                  32,378
<TOTAL-LIABILITY-AND-EQUITY>                    39,334                  38,100                  37,436
<SALES>                                          7,150                   5,760                   4,480
<TOTAL-REVENUES>                                 7,150                   5,760                   4,480
<CGS>                                            1,881                   1,695                   1,212
<TOTAL-COSTS>                                    1,881                   1,695                   1,212
<OTHER-EXPENSES>                                 4,421                   3,555                   2,757
<LOSS-PROVISION>                                     0                       0                       0
<INTEREST-EXPENSE>                               (300)                   (331)                    (56)
<INCOME-PRETAX>                                  1,148                     841                     567
<INCOME-TAX>                                       404                     353                     229
<INCOME-CONTINUING>                                704                     458                     274 
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0
<CHANGES>                                            0                       0                       0
<NET-INCOME>                                       704                     458                     274
<EPS-PRIMARY>                                      .09                     .06                     .04
<EPS-DILUTED>                                      .08                     .05                     .04
        

</TABLE>