<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUL-31-1997 <PERIOD-END> JAN-31-1998 <CASH> 1,302,492 <SECURITIES> 0 <RECEIVABLES> 9,610,420 <ALLOWANCES> (656,655) <INVENTORY> 2,234,699 <CURRENT-ASSETS> 0 <PP&E> 18,675,975 <DEPRECIATION> (8,952,708) <TOTAL-ASSETS> 27,898,816 <CURRENT-LIABILITIES> 0 <BONDS> 10,953,726 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 291,784 <OTHER-SE> 6,411,878 <TOTAL-LIABILITY-AND-EQUITY> 27,898,816 <SALES> 0 <TOTAL-REVENUES> 12,416,331 <CGS> 0 <TOTAL-COSTS> 8,048,459 <OTHER-EXPENSES> 3,617,741 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 620,852 <INCOME-PRETAX> 82,274 <INCOME-TAX> 59,400 <INCOME-CONTINUING> (787,571) <DISCONTINUED> 0 <EXTRAORDINARY> 809,000 <CHANGES> 0 <NET-INCOME> 21,429 <EPS-PRIMARY> 0.01 <EPS-DILUTED> 0.01