WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  


 
<ARTICLE> 5
<LEGEND>
This Schedule contains summary financial information extracted from the
financial statements contained in the body of the accompanying Form S-4 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1996
<PERIOD-START>                             JUL-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                          61,911
<SECURITIES>                                         0
<RECEIVABLES>                                    7,892
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                72,522
<PP&E>                                           9,505
<DEPRECIATION>                                   2,637
<TOTAL-ASSETS>                                 181,888
<CURRENT-LIABILITIES>                           32,259
<BONDS>                                        110,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                      36,623
<TOTAL-LIABILITY-AND-EQUITY>                   181,888
<SALES>                                         32,900
<TOTAL-REVENUES>                                32,900
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                28,223
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               3,712
<INCOME-PRETAX>                                    965
<INCOME-TAX>                                       617
<INCOME-CONTINUING>                                348
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                (2,023)
<CHANGES>                                            0
<NET-INCOME>                                   (1,675)
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0