<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUL-31-1997 <PERIOD-START> AUG-01-1996 <PERIOD-END> JUL-31-1997 <CASH> 7,674,313 <SECURITIES> 0 <RECEIVABLES> 20,318,890 <ALLOWANCES> 3,190,000 <INVENTORY> 0 <CURRENT-ASSETS> 29,017,356 <PP&E> 32,155,105 <DEPRECIATION> 6,429,300 <TOTAL-ASSETS> 58,537,101 <CURRENT-LIABILITIES> 24,130,507 <BONDS> 9,147,450 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 106,360 <OTHER-SE> 25,152,784 <TOTAL-LIABILITY-AND-EQUITY> 58,537,101 <SALES> 0 <TOTAL-REVENUES> 135,187,227 <CGS> 0 <TOTAL-COSTS> 92,214,223 <OTHER-EXPENSES> 42,325,888 <LOSS-PROVISION> 4,092,241 <INTEREST-EXPENSE> 862,954 <INCOME-PRETAX> (3,836,770) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,836,770) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,836,770) <EPS-PRIMARY> (0.18) <EPS-DILUTED> (0.18)