<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUL-31-1998 <PERIOD-START> AUG-01-1997 <PERIOD-END> OCT-31-1997 <CASH> 57,866 <SECURITIES> 40,872 <RECEIVABLES> 64,815 <ALLOWANCES> 1,208 <INVENTORY> 69,455 <CURRENT-ASSETS> 259,108 <PP&E> 60,996 <DEPRECIATION> 16,596 <TOTAL-ASSETS> 307,816 <CURRENT-LIABILITIES> 93,850 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 219 <OTHER-SE> 209,045 <TOTAL-LIABILITY-AND-EQUITY> 307,816 <SALES> 58,971 <TOTAL-REVENUES> 68,365 <CGS> 27,747 <TOTAL-COSTS> 34,831 <OTHER-EXPENSES> 10,777<F1> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 199 <INCOME-PRETAX> 14,306 <INCOME-TAX> 5,078 <INCOME-CONTINUING> 9,228 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,228 <EPS-PRIMARY> 0.41 <EPS-DILUTED> 0.41 <FN> <F1>EXCLUDES SG&A AS SG&A IS PART OF 5-03(b)(4) </FN>