<ARTICLE> 5
<LEGEND>
This Schedule contains summary financial information extracted from (a) the
Balance Sheet and Statement of Operations filed as part of the Quarterly Report
on Form 10-Q and is qualified in its entirety by reference to such (b) Report on
Form 10-Q.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-START>                             NOV-01-1996
<PERIOD-END>                               JAN-31-1997
<CASH>                                       2,066,061
<SECURITIES>                                         0
<RECEIVABLES>                               12,793,200
<ALLOWANCES>                                 6,124,003
<INVENTORY>                                    365,987
<CURRENT-ASSETS>                            19,392,646
<PP&E>                                       2,593,502
<DEPRECIATION>                               1,363,114
<TOTAL-ASSETS>                              28,697,269
<CURRENT-LIABILITIES>                       15,155,375
<BONDS>                                     12,880,133
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        63,003
<OTHER-SE>                                  22,493,705
<TOTAL-LIABILITY-AND-EQUITY>                28,697,269
<SALES>                                      9,275,144
<TOTAL-REVENUES>                             9,275,144
<CGS>                                        4,804,501
<TOTAL-COSTS>                                9,032,132
<OTHER-EXPENSES>                               208,634
<LOSS-PROVISION>                             1,137,149
<INTEREST-EXPENSE>                             277,399
<INCOME-PRETAX>                                 34,378
<INCOME-TAX>                                     7,643
<INCOME-CONTINUING>                             26,735
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    26,735
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0