<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the consolidated balance sheets as of November 30, 1994 and the related consolidated statements of operations for the year then ended and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> NOV-30-1994 <PERIOD-END> NOV-30-1994 <CASH> 4,277 <SECURITIES> 0 <RECEIVABLES> 267 <ALLOWANCES> 179 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 322 <DEPRECIATION> 304 <TOTAL-ASSETS> 50,963 <CURRENT-LIABILITIES> 0 <BONDS> 34,382 <COMMON> 20,081 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (5,361) <TOTAL-LIABILITY-AND-EQUITY> 50,963 <SALES> 0 <TOTAL-REVENUES> 9,297 <CGS> 0 <TOTAL-COSTS> 3,692 <OTHER-EXPENSES> 6,400 <LOSS-PROVISION> 59 <INTEREST-EXPENSE> 3,088 <INCOME-PRETAX> (3,883) <INCOME-TAX> (1,500) <INCOME-CONTINUING> (2,383) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 440 <NET-INCOME> (1,943) <EPS-PRIMARY> (1.32) <EPS-DILUTED> (1.32)