<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> MAR-31-1998 <CASH> 153,000 <SECURITIES> 1,541,000 <RECEIVABLES> 3,410,000 <ALLOWANCES> 0 <INVENTORY> 39,008,000 <CURRENT-ASSETS> 44,267,000 <PP&E> 641,000 <DEPRECIATION> 28,000 <TOTAL-ASSETS> 45,487,000 <CURRENT-LIABILITIES> 29,540,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 738,000 <OTHER-SE> 15,209,000 <TOTAL-LIABILITY-AND-EQUITY> 45,487,000 <SALES> 12,600,000 <TOTAL-REVENUES> 12,863,000 <CGS> 9,857,000 <TOTAL-COSTS> 9,857,000 <OTHER-EXPENSES> 1,145,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 720,000 <INCOME-PRETAX> 1,103,000 <INCOME-TAX> 273,000 <INCOME-CONTINUING> 830,000 <DISCONTINUED> 23,000 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 807,000 <EPS-PRIMARY> .04 <EPS-DILUTED> .04