<ARTICLE> 5

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-END>                               JUN-30-1999
<CASH>                                      30,779,486
<SECURITIES>                                         0
<RECEIVABLES>                               27,655,975
<ALLOWANCES>                                         0
<INVENTORY>                                  4,972,965
<CURRENT-ASSETS>                            63,983,411
<PP&E>                                       3,104,090
<DEPRECIATION>                               1,235,567
<TOTAL-ASSETS>                             207,762,804
<CURRENT-LIABILITIES>                       53,840,846
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          4
<COMMON>                                        63,466
<OTHER-SE>                                      80,000
<TOTAL-LIABILITY-AND-EQUITY>               207,762,804
<SALES>                                     42,382,795
<TOTAL-REVENUES>                            43,524,374
<CGS>                                       37,711,338
<TOTAL-COSTS>                               37,711,338
<OTHER-EXPENSES>                            12,858,790
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                            (6,921,629)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (6,921,629)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (7,156,687)
<EPS-BASIC>                                    (.15)
<EPS-DILUTED>                                    (.15)