<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-START> JUL-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 33,494,000 <SECURITIES> 600,000 <RECEIVABLES> 3,556,000 <ALLOWANCES> 0 <INVENTORY> 76,620,000 <CURRENT-ASSETS> 114,270,000 <PP&E> 2,960,000 <DEPRECIATION> 1,245,000 <TOTAL-ASSETS> 115,985,000 <CURRENT-LIABILITIES> 83,428,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,000 <OTHER-SE> 32,551,000 <TOTAL-LIABILITY-AND-EQUITY> 115,985,000 <SALES> 30,096,000 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 20,120,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,208,000 <INCOME-PRETAX> 7,768,000 <INCOME-TAX> 3,103,000 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,665,000 <EPS-PRIMARY> .82 <EPS-DILUTED> .82