<ARTICLE>                     5
<LEGEND>
     This schedule contains summary financial information extracted from the 
consolidated balance sheet and the consolidated statement of operations and is
qualified in its entirety by reference to such statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                              Oct-31-1998
<PERIOD-END>                                   Oct-31-1998
<CASH>                                         59,495
<SECURITIES>                                   0
<RECEIVABLES>                                  15,429,057
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               17,627,327
<PP&E>                                         26,970,584
<DEPRECIATION>                                 0
<TOTAL-ASSETS>                                 62,656,414
<CURRENT-LIABILITIES>                          37,818,579
<BONDS>                                        20,718,000
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       407,572
<OTHER-SE>                                     (55,767,401)
<TOTAL-LIABILITY-AND-EQUITY>                   62,656,414
<SALES>                                        0
<TOTAL-REVENUES>                               58,820,543
<CGS>                                          0
<TOTAL-COSTS>                                  75,328,705
<OTHER-EXPENSES>                               (1,499,150)
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             9,278,547
<INCOME-PRETAX>                                (29,497,071)
<INCOME-TAX>                                   0
<INCOME-CONTINUING>                            (29,497,071)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                954,533
<CHANGES>                                      (779,294)
<NET-INCOME>                                   (29,321,832)
<EPS-PRIMARY>                                  (0.75)
<EPS-DILUTED>                                  (0.75)