<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED JULY 30,
2000, WHICH ARE QUALIFIED IN THEIR ENTIRETY BY REFERENCE TO THE FORM 10-Q FILING
AND FORM 10-K FOR THE YEAR ENDED JANUARY 30, 2000.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JAN-28-2001
<PERIOD-START>                             MAY-01-2000
<PERIOD-END>                               JUL-30-2000
<CASH>                                         201,139
<SECURITIES>                                   222,302
<RECEIVABLES>                                   37,715
<ALLOWANCES>                                         0
<INVENTORY>                                     31,043
<CURRENT-ASSETS>                               512,145
<PP&E>                                          25,886
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 616,119
<CURRENT-LIABILITIES>                           29,987
<BONDS>                                        400,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           332
<OTHER-SE>                                     185,680
<TOTAL-LIABILITY-AND-EQUITY>                   616,119
<SALES>                                         60,646
<TOTAL-REVENUES>                                60,646
<CGS>                                           27,006
<TOTAL-COSTS>                                   27,006
<OTHER-EXPENSES>                               (2,311)
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 19,592
<INCOME-TAX>                                     5,878
<INCOME-CONTINUING>                             13,714
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    13,714
<EPS-BASIC>                                       0.42
<EPS-DILUTED>                                     0.36