<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> JUL-31-1997 JUL-31-1996 <PERIOD-END> OCT-31-1996 OCT-31-1995 <CASH> 13,964 3,461 <SECURITIES> 0 0 <RECEIVABLES> 4,532 2,596 <ALLOWANCES> 0 0 <INVENTORY> 343 380 <CURRENT-ASSETS> 19,488 7,143 <PP&E> 55,932 50,354 <DEPRECIATION> 14,347 13,888 <TOTAL-ASSETS> 61,073 43,609 <CURRENT-LIABILITIES> 13,479 17,901 <BONDS> 766 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 1,513 1,402 <OTHER-SE> 44,789 23,045 <TOTAL-LIABILITY-AND-EQUITY> 61,073 43,609 <SALES> 26,204 8,545 <TOTAL-REVENUES> 26,204 8,545 <CGS> 0 0 <TOTAL-COSTS> 16,325 3,402 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 83 13 <INCOME-PRETAX> 9,129 4,731 <INCOME-TAX> 3,759 1,922 <INCOME-CONTINUING> 0 0 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 5,287 2,809 <EPS-PRIMARY> .36 .19 <EPS-DILUTED> 0 0