<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM VTEL CORPORATION'S BALANCE SHEET & INCOME STATEMENT FOR THE THREE MONTHS ENDED 1/31/97, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 1/31/97 10-Q FILING. </LEGEND> <CIK> 0000884144 <NAME> VTEL CORPORATION <MULTIPLIER> 1 <CURRENCY> US DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUL-31-1997 <PERIOD-START> NOV-01-1996 <PERIOD-END> JAN-31-1997 <EXCHANGE-RATE> 1 <CASH> 1,474,000 <SECURITIES> 41,213,000 <RECEIVABLES> 27,187,000 <ALLOWANCES> (274,000) <INVENTORY> 10,533,000 <CURRENT-ASSETS> 81,272,000 <PP&E> 25,824,000 <DEPRECIATION> (11,289,000) <TOTAL-ASSETS> 111,634,000 <CURRENT-LIABILITIES> 18,423,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 125,092,000 <OTHER-SE> (31,881,000) <TOTAL-LIABILITY-AND-EQUITY> 111,634,000 <SALES> 29,123,000 <TOTAL-REVENUES> 29,123,000 <CGS> (16,561,000) <TOTAL-COSTS> (12,351,000) <OTHER-EXPENSES> 627,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 838,000 <INCOME-TAX> (25,000) <INCOME-CONTINUING> 813,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 813,000 <EPS-PRIMARY> .06 <EPS-DILUTED> .06