<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUL-31-1999 <PERIOD-START> AUG-01-1998 <PERIOD-END> OCT-31-1998 <CASH> 20,542 <SECURITIES> 0 <RECEIVABLES> 26,877 <ALLOWANCES> 1,392 <INVENTORY> 28,329 <CURRENT-ASSETS> 91,155 <PP&E> 630,668 <DEPRECIATION> 93,714 <TOTAL-ASSETS> 1,004,133 <CURRENT-LIABILITIES> 107,599 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 345 <OTHER-SE> 442,370 <TOTAL-LIABILITY-AND-EQUITY> 1,004,133 <SALES> 0 <TOTAL-REVENUES> 48,556 <CGS> 0 <TOTAL-COSTS> 79,411 <OTHER-EXPENSES> (3)<F1> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,660 <INCOME-PRETAX> (34,970) <INCOME-TAX> 14,512<F2> <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (20,458) <EPS-PRIMARY> (0.59)<F3> <EPS-DILUTED> (0.59) <FN> <F1>(Income) <F2>Benefit <F3>Basic </FN>