<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JAN-31-1999 <PERIOD-END> APR-30-1998 <CASH> 4,930,066 <SECURITIES> 0 <RECEIVABLES> 69,014,869 <ALLOWANCES> 2,258,678 <INVENTORY> 112,448,318 <CURRENT-ASSETS> 194,607,793 <PP&E> 23,325,135 <DEPRECIATION> 3,272,085 <TOTAL-ASSETS> 273,111,444 <CURRENT-LIABILITIES> 34,751,849 <BONDS> 178,718,931 <PREFERRED-MANDATORY> 0 <PREFERRED> 7,830 <COMMON> 137,936 <OTHER-SE> 59,494,898 <TOTAL-LIABILITY-AND-EQUITY> 273,111,444 <SALES> 46,546,294 <TOTAL-REVENUES> 46,546,294 <CGS> 33,229,130 <TOTAL-COSTS> 42,570,675 <OTHER-EXPENSES> 0 <LOSS-PROVISION> (210,000) <INTEREST-EXPENSE> 3,566,005 <INCOME-PRETAX> 486,999 <INCOME-TAX> 183,257 <INCOME-CONTINUING> 303,742 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 303,742 <EPS-PRIMARY> .02 <EPS-DILUTED> .02