<ARTICLE> 5
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
<PERIOD-START>                             NOV-01-1998
<PERIOD-END>                               JAN-31-1999
<CASH>                                         163,030
<SECURITIES>                                 1,393,219
<RECEIVABLES>                                  247,797
<ALLOWANCES>                                   (6,521)
<INVENTORY>                                      5,865
<CURRENT-ASSETS>                             1,854,103
<PP&E>                                         156,555
<DEPRECIATION>                                (79,010)
<TOTAL-ASSETS>                               2,344,795
<CURRENT-LIABILITIES>                          740,841
<BONDS>                                         39,276
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           611
<OTHER-SE>                                   1,563,184
<TOTAL-LIABILITY-AND-EQUITY>                 2,344,795
<SALES>                                        345,951
<TOTAL-REVENUES>                               345,951
<CGS>                                           65,815
<TOTAL-COSTS>                                   67,712
<OTHER-EXPENSES>                               172,592
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               3,950
<INCOME-PRETAX>                                119,685
<INCOME-TAX>                                  (29,828)
<INCOME-CONTINUING>                             89,857
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    89,857
<EPS-PRIMARY>                                     1.49<F1>
<EPS-DILUTED>                                     1.42
<FN>
<F1>For Purposes of This Exhibit, Primary means Basic.
</FN>