<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                         155,000
<SECURITIES>                                 3,359,000
<RECEIVABLES>                                4,856,000
<ALLOWANCES>                                         0
<INVENTORY>                                 36,574,000
<CURRENT-ASSETS>                            45,185,000
<PP&E>                                       1,044,000
<DEPRECIATION>                                  28,000
<TOTAL-ASSETS>                              46,201,000
<CURRENT-LIABILITIES>                       29,674,000
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       738,000
<OTHER-SE>                                  15,789,000
<TOTAL-LIABILITY-AND-EQUITY>                46,201,000
<SALES>                                      2,543,000
<TOTAL-REVENUES>                             2,543,000
<CGS>                                        1,544,000
<TOTAL-COSTS>                                1,544,000
<OTHER-EXPENSES>                               274,000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             181,000
<INCOME-PRETAX>                                490,000
<INCOME-TAX>                                   180,000
<INCOME-CONTINUING>                            310,000
<DISCONTINUED>                                   7,000
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   303,000
<EPS-PRIMARY>                                     0.02
<EPS-DILUTED>                                     0.02