<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUL-31-1997 <PERIOD-START> AUG-01-1996 <PERIOD-END> OCT-31-1996 <CASH> 100,538,492 <SECURITIES> 0 <RECEIVABLES> 49,223,516 <ALLOWANCES> 1,931,521 <INVENTORY> 1,498,213 <CURRENT-ASSETS> 129,132,538 <PP&E> 12,581,520 <DEPRECIATION> 4,043,500 <TOTAL-ASSETS> 243,244,375 <CURRENT-LIABILITIES> 33,500,697 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 486,313 <OTHER-SE> 185,383,645 <TOTAL-LIABILITY-AND-EQUITY> 243,244,375 <SALES> 85,474,885 <TOTAL-REVENUES> 85,474,885 <CGS> 61,816,497 <TOTAL-COSTS> 61,816,497 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 1,604,075 <INTEREST-EXPENSE> 1,235,947 <INCOME-PRETAX> 6,808,025 <INCOME-TAX> 2,214,620 <INCOME-CONTINUING> 4,593,405 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,593,405 <EPS-PRIMARY> 0.09 <EPS-DILUTED> 0.09