<ARTICLE> 5 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 8,684 <SECURITIES> 16,256 <RECEIVABLES> 46,112 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 79,051 <PP&E> 36,597 <DEPRECIATION> 15,237 <TOTAL-ASSETS> 162,712 <CURRENT-LIABILITIES> 23,648 <BONDS> 62,305 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 61 <OTHER-SE> 69,524 <TOTAL-LIABILITY-AND-EQUITY> 162,712 <SALES> 0 <TOTAL-REVENUES> 41,948 <CGS> 0 <TOTAL-COSTS> 87,555 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 508 <INCOME-PRETAX> (45,565) <INCOME-TAX> 1,631 <INCOME-CONTINUING> (47,196) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (47,196) <EPS-PRIMARY> (2.03) <EPS-DILUTED> (2.02)