<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 65,508,000 <SECURITIES> 0 <RECEIVABLES> 298,264,000 <ALLOWANCES> 0 <INVENTORY> 37,385,000 <CURRENT-ASSETS> 441,579,000 <PP&E> 182,051,000 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,471,900,000 <CURRENT-LIABILITIES> 109,102,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 81,000 <OTHER-SE> 406,085,000 <TOTAL-LIABILITY-AND-EQUITY> 1,471,900,000 <SALES> 0 <TOTAL-REVENUES> 258,749,000 <CGS> 0 <TOTAL-COSTS> 300,807,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 6,763,000 <INTEREST-EXPENSE> 14,517,000 <INCOME-PRETAX> (56,326,000) <INCOME-TAX> (3,550,000) <INCOME-CONTINUING> (52,776,000) <DISCONTINUED> 0 <EXTRAORDINARY> (2,812,000) <CHANGES> (6,896,000) <NET-INCOME> (62,484,000) <EPS-PRIMARY> (0.79) <EPS-DILUTED> (0.79)