<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONTINENTAL INFORMATION SYSTEMS CORPORATION AS OF AND FOR THE THREE MONTHS ENDED AUGUST 31, 2000. (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAY-31-2001 <PERIOD-START> JUN-01-2000 <PERIOD-END> AUG-31-2000 <CASH> 3,919 <SECURITIES> 0 <RECEIVABLES> 469 <ALLOWANCES> (108) <INVENTORY> 0 <CURRENT-ASSETS> 4,280 <PP&E> 235 <DEPRECIATION> 9 <TOTAL-ASSETS> 13,415 <CURRENT-LIABILITIES> 553 <BONDS> 147 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 71 <OTHER-SE> 35,129 <TOTAL-LIABILITY-AND-EQUITY> 13,415 <SALES> 58 <TOTAL-REVENUES> 282 <CGS> 50 <TOTAL-COSTS> 1,148 <OTHER-EXPENSES> 53 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4 <INCOME-PRETAX> (866) <INCOME-TAX> 0 <INCOME-CONTINUING> (866) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (866) <EPS-BASIC> (0.13) <EPS-DILUTED> (0.13)