<ARTICLE> 5
<LEGEND>
This Schedule contains summary financial information extracted from (a) the
Balance Sheet and Statement of Operations filed as part of the Annual Report on
Form 10-K and is qualified in its entirety by reference to such (b) Report on
Form 10-K.
</LEGEND>
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               OCT-31-1997
<CASH>                                       3,013,825
<SECURITIES>                                         0
<RECEIVABLES>                               13,737,881
<ALLOWANCES>                                 8,564,436
<INVENTORY>                                    453,870
<CURRENT-ASSETS>                            22,065,254
<PP&E>                                       2,973,022
<DEPRECIATION>                               1,685,298
<TOTAL-ASSETS>                              29,095,059
<CURRENT-LIABILITIES>                       12,649,814
<BONDS>                                      9,484,887
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                     60,408     
<COMMON>                                        71,694
<OTHER-SE>                                  22,967,160
<TOTAL-LIABILITY-AND-EQUITY>                29,095,059
<SALES>                                     38,660,184
<TOTAL-REVENUES>                            38,660,184
<CGS>                                       19,339,274
<TOTAL-COSTS>                               36,775,153
<OTHER-EXPENSES>                            (1,176,144)
<LOSS-PROVISION>                             5,291,507
<INTEREST-EXPENSE>                           1,124,432
<INCOME-PRETAX>                              3,061,175
<INCOME-TAX>                                  (138,740)
<INCOME-CONTINUING>                          3,199,915
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 3,199,915
<EPS-PRIMARY>                                      .36
<EPS-DILUTED>                                      .36