<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-START> JUL-01-1996 <PERIOD-END> JUN-30-1997 <EXCHANGE-RATE> 1 <CASH> 32,085,872 <SECURITIES> 4,430,558 <RECEIVABLES> 48,723,917 <ALLOWANCES> 4,217,065 <INVENTORY> 0 <CURRENT-ASSETS> 86,223,100 <PP&E> 65,959,096 <DEPRECIATION> 21,931,908 <TOTAL-ASSETS> 223,836,266 <CURRENT-LIABILITIES> 66,220,777 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 555,464 <OTHER-SE> 148,088,809 <TOTAL-LIABILITY-AND-EQUITY> 223,836,266 <SALES> 0 <TOTAL-REVENUES> 176,444,704 <CGS> 0 <TOTAL-COSTS> 357,843,536 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 834,247 <INCOME-PRETAX> (173,829,661) <INCOME-TAX> (12,017,000) <INCOME-CONTINUING> (161,812,661) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (161,812,661) <EPS-PRIMARY> (3.44) <EPS-DILUTED> (3.44)