<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONDENSED CONSOLIDATED BALANCE SHEET AT APRIL 30, 1996 AND THE CONDENSED
CONSOLIDATED STATEMENT OF OPERATIONS AND RETAINED EARNINGS FOR THE NINE MONTHS
ENDED APRIL 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          JUL-31-1996
<PERIOD-START>                             AUG-01-1995
<PERIOD-END>                               APR-30-1996
<CASH>                                       2,736,660
<SECURITIES>                                    42,647
<RECEIVABLES>                                  543,955
<ALLOWANCES>                                    33,725
<INVENTORY>                                     64,180
<CURRENT-ASSETS>                                     0
<PP&E>                                       2,188,440
<DEPRECIATION>                               1,971,408
<TOTAL-ASSETS>                               6,503,735
<CURRENT-LIABILITIES>                                0
<BONDS>                                      5,361,559
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     1,723,765
<OTHER-SE>                                 (1,845,695)
<TOTAL-LIABILITY-AND-EQUITY>                 6,503,735
<SALES>                                      4,208,450
<TOTAL-REVENUES>                             6,365,495
<CGS>                                        2,622,657
<TOTAL-COSTS>                                6,570,238
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             583,636
<INCOME-PRETAX>                              (204,743)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (204,743)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (204,743)
<EPS-PRIMARY>                                    (.20)
<EPS-DILUTED>                                    (.20)