<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S CONSOLIDATED STATEMENTS OF OPERATIONS AND BALANCE SHEETS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-END> DEC-31-1995 <CASH> 40,887 <SECURITIES> 47,281 <RECEIVABLES> 56,500<F1> <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 154,803 <PP&E> 34,843<F2> <DEPRECIATION> 0 <TOTAL-ASSETS> 209,480 <CURRENT-LIABILITIES> 62,777 <BONDS> 73,484 <PREFERRED-MANDATORY> 0 <PREFERRED> 8,000 <COMMON> 22,302 <OTHER-SE> 41,561 <TOTAL-LIABILITY-AND-EQUITY> 209,480 <SALES> 124,326 <TOTAL-REVENUES> 124,326 <CGS> 83,560 <TOTAL-COSTS> 83,560 <OTHER-EXPENSES> 61,634 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,259 <INCOME-PRETAX> (20,473) <INCOME-TAX> (3,932) <INCOME-CONTINUING> (16,541) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (16,541) <EPS-PRIMARY> (.94) <EPS-DILUTED> 0 <FN> <F1>The receivables amount is shown net of contract allowances and allowances for doubtful accounts. <F2>The PP&E amount is shown net of accumulated depreciation and amortization. </FN>