<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEETS AND THE CONSOLIDATED STATEMENTS OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> APR-30-1997 <PERIOD-END> JUL-31-1996 <CASH> 151,155 <SECURITIES> 293,716 <RECEIVABLES> 364,151 <ALLOWANCES> 7,111 <INVENTORY> 0 <CURRENT-ASSETS> 864,715 <PP&E> 435,076<F1> <DEPRECIATION> 0 <TOTAL-ASSETS> 1,561,830 <CURRENT-LIABILITIES> 344,406 <BONDS> 0 <COMMON> 1,089 <PREFERRED-MANDATORY> 0 <PREFERRED> 4 <OTHER-SE> 976,728 <TOTAL-LIABILITY-AND-EQUITY> 1,561,830 <SALES> 0 <TOTAL-REVENUES> 227,258 <CGS> 0 <TOTAL-COSTS> 328,289 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (93,957) <INCOME-TAX> (35,846) <INCOME-CONTINUING> (52,226) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (52,226) <EPS-PRIMARY> (.50) <EPS-DILUTED> 0 <FN> <F1>PP&E BALANCE IS NET OF ACCUMULATED DEPRECIATION AND AMORITIZATION. </FN>