<ARTICLE> 5
       
                                                  
<PERIOD-TYPE>                   YEAR                       YEAR
<FISCAL-YEAR-END>                          JUL-31-1998             JUL-31-1997
<PERIOD-START>                             AUG-01-1997             AUG-01-1996
<PERIOD-END>                               JUL-31-1998             JUL-31-1997
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<SECURITIES>                                         0                       0
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<CURRENT-LIABILITIES>                       53,875,241              22,615,315
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<SALES>                                     56,060,305              22,273,042
<TOTAL-REVENUES>                            56,060,305              22,273,042
<CGS>                                       12,513,259               4,335,941
<TOTAL-COSTS>                              156,028,615              31,022,704
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<LOSS-PROVISION>                                     0                       0
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<INCOME-TAX>                                         0                       0
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<CHANGES>                                            0                       0
<NET-INCOME>                              (96,916,563)             (6,619,190)
<EPS-PRIMARY>                                   (3.13)                   (.24)
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