<ARTICLE> 5 <LEGEND> ART. 5 FDS FOR 10-K </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> APR-30-1995 <PERIOD-END> APR-30-1995 <CASH> 8,958 <SECURITIES> 0 <RECEIVABLES> 18,829 <ALLOWANCES> 1,413 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 30 <DEPRECIATION> 7 <TOTAL-ASSETS> 25,443 <CURRENT-LIABILITIES> 0 <BONDS> 49,337 <COMMON> 102 <PREFERRED-MANDATORY> 0 <PREFERRED> 1 <OTHER-SE> (30,145) <TOTAL-LIABILITY-AND-EQUITY> 25,443 <SALES> 3,979 <TOTAL-REVENUES> 3,979 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,094 <LOSS-PROVISION> 1,636 <INTEREST-EXPENSE> 4,313 <INCOME-PRETAX> (5,064) <INCOME-TAX> 0 <INCOME-CONTINUING> (5,064) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,064) <EPS-PRIMARY> 0 <EPS-DILUTED> 0