<ARTICLE>                     5

                                                    
<PERIOD-TYPE>                              3-MOS                 YEAR
<FISCAL-YEAR-END>                    MAY-31-1999          MAY-31-1999
<PERIOD-START>                       MAR-01-1999          JUN-01-1998
<PERIOD-END>                         MAY-31-1999          MAY-31-1999
<CASH>                                 7,548,000            7,548,000
<SECURITIES>                         144,262,000          144,262,000
<RECEIVABLES>                         15,359,000           15,359,000
<ALLOWANCES>                           1,479,000           1,479,000
<INVENTORY>                                    0                    0
<CURRENT-ASSETS>                     173,771,000           173,771,000
<PP&E>                                77,355,000           77,355,000
<DEPRECIATION>                       (27,806,000)         (27,806,000)
<TOTAL-ASSETS>                       286,850,000          286,850,000
<CURRENT-LIABILITIES>                 26,887,000           26,887,000
<BONDS>                                        0                    0
<PREFERRED-MANDATORY>                          0                    0
<PREFERRED>                                    0                    0
<COMMON>                             269,454,000          269,454,000
<OTHER-SE>                           (29,631,000)         (29,631,000)
<TOTAL-LIABILITY-AND-EQUITY>         286,850,000          286,850,000
<SALES>                                        0                    0
<TOTAL-REVENUES>                      46,572,000          146,910,000
<CGS>                                          0                    0
<TOTAL-COSTS>                        (36,302,000)        (115,599,000)
<OTHER-EXPENSES>                     (17,529,000)         (31,464,000)
<LOSS-PROVISION>                               0                    0
<INTEREST-EXPENSE>                      (617,000)          (2,245,000)
<INCOME-PRETAX>                       (7,876,000)          (2,398,000)
<INCOME-TAX>                            (197,000)            (816,000)
<INCOME-CONTINUING>                            0                    0
<DISCONTINUED>                                 0                    0
<EXTRAORDINARY>                         (243,000)            (448,000)
<CHANGES>                                      0                    0
<NET-INCOME>                          (8,316,000)          (3,662,000)
<EPS-BASIC>                              (0.24)               (0.11)
<EPS-DILUTED>                              (0.24)               (0.11)