<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JAN-31-1997 <PERIOD-END> JUL-31-1996 <CASH> 945,415 <SECURITIES> 0 <RECEIVABLES> 22,321,447 <ALLOWANCES> 741,825 <INVENTORY> 50,440,128 <CURRENT-ASSETS> 73,847,375 <PP&E> 13,505,166 <DEPRECIATION> 1,062,786 <TOTAL-ASSETS> 138,332,047 <CURRENT-LIABILITIES> 61,512,861 <BONDS> 39,769,372 <PREFERRED-MANDATORY> 0 <PREFERRED> 9,042 <COMMON> 28,965,931 <OTHER-SE> 8,074,841 <TOTAL-LIABILITY-AND-EQUITY> 138,332,047 <SALES> 43,118,599 <TOTAL-REVENUES> 43,118,599 <CGS> 28,693,346 <TOTAL-COSTS> 10,401,175 <OTHER-EXPENSES> 3,013,833 <LOSS-PROVISION> 90,000 <INTEREST-EXPENSE> 3,013,833 <INCOME-PRETAX> 1,250,397 <INCOME-TAX> 523,849 <INCOME-CONTINUING> 968,983 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 968,983 <EPS-PRIMARY> .08 <EPS-DILUTED> .08