<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