<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONDENSED CONSOLIDATED BALANCE SHEET AND THE CONDENSED CONSOLIDATED STATEMENT
OF OPERATIONS FOR THE SIX MONTHS ENDED JANUARY 31, 1999 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH CONDENSED FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
<PERIOD-START>                             AUG-31-1998
<PERIOD-END>                               JAN-31-1999
<CASH>                                         449,644
<SECURITIES>                                         0
<RECEIVABLES>                                  405,251
<ALLOWANCES>                                     1,000
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         459,063
<DEPRECIATION>                                 418,062
<TOTAL-ASSETS>                               4,725,877
<CURRENT-LIABILITIES>                                0
<BONDS>                                      4,589,180
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     1,723,765
<OTHER-SE>                                 (3,984,526)
<TOTAL-LIABILITY-AND-EQUITY>                 4,725,877
<SALES>                                              0
<TOTAL-REVENUES>                               697,448
<CGS>                                                0
<TOTAL-COSTS>                                1,530,476
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             285,169
<INCOME-PRETAX>                              (833,028)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (833,028)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (833,028)
<EPS-PRIMARY>                                    (.81)
<EPS-DILUTED>                                    (.81)