<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFOMRATION EXTRACTED FROM CONSOLIDATED BALANCE SHEETS AND CONSOLIDATED INCOME STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JAN-31-1998 <PERIOD-START> FEB-01-1997 <PERIOD-END> JUL-31-1997 <CASH> 150,153 <SECURITIES> 20,641 <RECEIVABLES> 13,708 <ALLOWANCES> 1,164 <INVENTORY> 0 <CURRENT-ASSETS> 188,969 <PP&E> 20,445 <DEPRECIATION> 8,924 <TOTAL-ASSETS> 279,673 <CURRENT-LIABILITIES> 27,753 <BONDS> 140,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 26 <OTHER-SE> 111,473 <TOTAL-LIABILITY-AND-EQUITY> 279,673 <SALES> 29,183 <TOTAL-REVENUES> 40,400 <CGS> 3,007 <TOTAL-COSTS> 7,307 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 60 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 10,657 <INCOME-TAX> 3,837 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,820 <EPS-PRIMARY> 0.24 <EPS-DILUTED> 0.24