<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 
CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENTS OF OPERATIONS AND IS 
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>                 
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                              DEC-31-1995
<PERIOD-END>                                   DEC-31-1995
<CASH>                                           3,928,832
<SECURITIES>                                     1,956,707
<RECEIVABLES>                                   21,664,978
<ALLOWANCES>                                    43,539,257
<INVENTORY>                                              0 
<CURRENT-ASSETS>                                22,553,686
<PP&E>                                          17,270,032 
<DEPRECIATION>                                           0  
<TOTAL-ASSETS>                                  66,759,704
<CURRENT-LIABILITIES>                           26,891,124
<BONDS>                                                  0 
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                           402,307
<OTHER-SE>                                    (15,242,466)
<TOTAL-LIABILITY-AND-EQUITY>                    66,759,704
<SALES>                                         88,884,136
<TOTAL-REVENUES>                                45,344,879
<CGS>                                                    0
<TOTAL-COSTS>                                   98,124,172
<OTHER-EXPENSES>                               (5,478,952)
<LOSS-PROVISION>                                         0 
<INTEREST-EXPENSE>                               6,184,302
<INCOME-PRETAX>                               (58,258,245)
<INCOME-TAX>                                             0
<INCOME-CONTINUING>                           (58,556,349)
<DISCONTINUED>                                 (3,813,314) 
<EXTRAORDINARY>                                   940,884
<CHANGES>                                               0
<NET-INCOME>                                  (61,428,779)
<EPS-PRIMARY>                                       (1.61)
<EPS-DILUTED>                                       (1.61)