<ARTICLE> 5 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JUL-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 61,411 <SECURITIES> 0 <RECEIVABLES> 38,538 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 103,068 <PP&E> 6,227 <DEPRECIATION> 0 <TOTAL-ASSETS> 205,231 <CURRENT-LIABILITIES> 24,876 <BONDS> 114,167 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 95 <OTHER-SE> 64,206 <TOTAL-LIABILITY-AND-EQUITY> 205,231 <SALES> 0 <TOTAL-REVENUES> 64,874 <CGS> 0 <TOTAL-COSTS> 38,072 <OTHER-EXPENSES> 24,216 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,328 <INCOME-PRETAX> 483 <INCOME-TAX> 545 <INCOME-CONTINUING> (62) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (62) <EPS-PRIMARY> (.01) <EPS-DILUTED> (.01)