<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>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-START>                             NOV-01-1996
<PERIOD-END>                               APR-30-1997
<CASH>                                       2,251,203
<SECURITIES>                                         0
<RECEIVABLES>                               13,373,523
<ALLOWANCES>                                 7,518,205
<INVENTORY>                                    412,648
<CURRENT-ASSETS>                            19,985,226
<PP&E>                                       2,780,359
<DEPRECIATION>                               1,464,671
<TOTAL-ASSETS>                              29,158,267
<CURRENT-LIABILITIES>                       15,361,925
<BONDS>                                     12,552,753
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        63,003
<OTHER-SE>                                  22,493,705
<TOTAL-LIABILITY-AND-EQUITY>                29,158,267
<SALES>                                     19,249,995
<TOTAL-REVENUES>                            19,249,995
<CGS>                                        9,629,418
<TOTAL-COSTS>                               18,294,810
<OTHER-EXPENSES>                               523,499
<LOSS-PROVISION>                             2,647,282
<INTEREST-EXPENSE>                             558,430
<INCOME-PRETAX>                                530,282
<INCOME-TAX>                                     6,783
<INCOME-CONTINUING>                            523,499
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   523,499
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0