<ARTICLE> 5 <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> AUG-31-1995 <PERIOD-START> DEC-01-1994 <PERIOD-END> FEB-28-1995 <CASH> 399,833 <SECURITIES> 0 <RECEIVABLES> 55,784 <ALLOWANCES> 4,283 <INVENTORY> 0 <CURRENT-ASSETS> 481,965 <PP&E> 11,712 <DEPRECIATION> 9,398 <TOTAL-ASSETS> 627,469 <CURRENT-LIABILITIES> 113,642 <BONDS> 0 <COMMON> 499 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 513,328 <TOTAL-LIABILITY-AND-EQUITY> 627,469 <SALES> 0 <TOTAL-REVENUES> 143,732 <CGS> 0 <TOTAL-COSTS> 85,334 <OTHER-EXPENSES> 17,734 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 45,716 <INCOME-TAX> 15,825 <INCOME-CONTINUING> 29,891 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 29,891 <EPS-PRIMARY> .80 <EPS-DILUTED> .80