<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> APR-30-1999 <PERIOD-END> OCT-31-1998 <CASH> 1,712,004 <SECURITIES> 17,316,545 <RECEIVABLES> 66,009,003 <ALLOWANCES> (6,116,523) <INVENTORY> 4,862,716 <CURRENT-ASSETS> 0 <PP&E> 16,669,652 <DEPRECIATION> (1,226,507) <TOTAL-ASSETS> 116,417,261 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 99,453 <OTHER-SE> 46,244,550 <TOTAL-LIABILITY-AND-EQUITY> 116,417,261 <SALES> 31,314,081 <TOTAL-REVENUES> 40,819,814 <CGS> 19,943,002 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 12,523,777 <LOSS-PROVISION> 3,613,951 <INTEREST-EXPENSE> 2,789,702 <INCOME-PRETAX> 2,591,407 <INCOME-TAX> 742,377 <INCOME-CONTINUING> 1,508,389 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,508,389 <EPS-PRIMARY> .15 <EPS-DILUTED> .15