<ARTICLE> 5
       
                                       
<PERIOD-TYPE>                              3-MOS
<FISCAL-YEAR-END>                          DEC-30-1995
<PERIOD-END>                               APR-01-1995
<CASH>                                           9,522
<SECURITIES>                                    59,823
<RECEIVABLES>                                    4,297
<ALLOWANCES>                                         0
<INVENTORY>                                     22,236
<CURRENT-ASSETS>                                12,520
<PP&E>                                          12,027<F1>
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 120,425
<CURRENT-LIABILITIES>                           12,516<F2>
<BONDS>                                         43,354
<COMMON>                                           637
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                      63,918<F3>
<TOTAL-LIABILITY-AND-EQUITY>                   120,425
<SALES>                                          4,874
<TOTAL-REVENUES>                                 4,874
<CGS>                                            3,846
<TOTAL-COSTS>                                   10,032
<OTHER-EXPENSES>                                 1,313<F4>
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               (581)
<INCOME-PRETAX>                                (4,426)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            (4,426)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (4,426)
<EPS-PRIMARY>                                   (0.07)
<EPS-DILUTED>                                   (0.07)
<FN>
<F1>Includes PP&E (net) $1,361 and Real Estate held for Sale $10,666.
<F2>Includes Accounts Payable $6,583 and Accrued Liabilities $5,933.
<F3>Includes Paid in Capital $196,222; Accumulated Deficit $132,947;
Accumulated Tran. Adjustment $1,735; and Gain Market Securities $2,378.
<F4>Includes Exchange Gain $5; Other Income $355; and Interest Income $953.
</FN>