<TABLE> <S> <C>


<ARTICLE>                     5
<LEGEND>
         THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S AUDITED BALANCE SHEETS AS OF MAY 31, 1997 AND 1996 AND AUDITED
STATEMENTS OF OPERATIONS FOR THE YEARS THEN ENDED AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                                            <C>                   <C>
<PERIOD-TYPE>                                  12-MOS                 12-MOS
<FISCAL-YEAR-END>                              MAY-31-1997            MAY-31-1996
<PERIOD-START>                                 JUN-01-1996            JUN-01-1995
<PERIOD-END>                                   MAY-31-1997            MAY-31-1996
<CASH>                                         1,698,099              1,559,116
<SECURITIES>                                   0                      0
<RECEIVABLES>                                  709,470                499,146
<ALLOWANCES>                                   290,000                170,000
<INVENTORY>                                    0                      0
<CURRENT-ASSETS>                               2,538,234              2,147,294
<PP&E>                                         79,702                 39,580
<DEPRECIATION>                                 28,871                 19,549
<TOTAL-ASSETS>                                 3,984,088              3,424,830
<CURRENT-LIABILITIES>                          592,213                395,631
<BONDS>                                        0                      0
<PREFERRED-MANDATORY>                          12                     12
<PREFERRED>                                    0                      0
<COMMON>                                       0                      0
<OTHER-SE>                                     2,879,345              2,473,368
<TOTAL-LIABILITY-AND-EQUITY>                   3,984,088              3,424,830
<SALES>                                        0                      0
<TOTAL-REVENUES>                               2,747,795              2,344,439
<CGS>                                          0                      0
<TOTAL-COSTS>                                  0                      0
<OTHER-EXPENSES>                               1,934,438              1,434,113
<LOSS-PROVISION>                               0                      0
<INTEREST-EXPENSE>                             61,039                 68,558
<INCOME-PRETAX>                                752,318                841,768
<INCOME-TAX>                                   311,168                328,324
<INCOME-CONTINUING>                            441,150                513,444
<DISCONTINUED>                                 19,942                 19,996
<EXTRAORDINARY>                                0                      0
<CHANGES>                                      0                      0
<NET-INCOME>                                   461,092                533,440
<EPS-PRIMARY>                                  .45                    .44
<EPS-DILUTED>                                  .45                    .44
        


</TABLE>