<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 4,942<F1> <SECURITIES> 0 <RECEIVABLES> 4,799 <ALLOWANCES> (606) <INVENTORY> 76,767 <CURRENT-ASSETS> 0 <PP&E> 3,470 <DEPRECIATION> 2,369 <TOTAL-ASSETS> 138,208 <CURRENT-LIABILITIES> 0 <BONDS> (70,241) <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 45,618 <TOTAL-LIABILITY-AND-EQUITY> 138,208 <SALES> 15,890 <TOTAL-REVENUES> 23,521 <CGS> 10,420 <TOTAL-COSTS> 12,869 <OTHER-EXPENSES> 5,368 <LOSS-PROVISION> 125 <INTEREST-EXPENSE> 1,654 <INCOME-PRETAX> 3,043 <INCOME-TAX> 504 <INCOME-CONTINUING> 2,539 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,539 <EPS-PRIMARY> .25 <EPS-DILUTED> .25 <FN> <F1>Balance includes $2,352 of restricted cash. </FN>