<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q,
MARCH 31, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               MAR-31-1995
<CASH>                                       1,638,728
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                 28,044,121
<CURRENT-ASSETS>                             1,638,728
<PP&E>                                         792,234
<DEPRECIATION>                                 749,967
<TOTAL-ASSETS>                              30,353,052
<CURRENT-LIABILITIES>                        4,012,406
<BONDS>                                              0
<COMMON>                                     4,813,641
<PREFERRED-MANDATORY>                        4,575,840
<PREFERRED>                                          0
<OTHER-SE>                                   6,236,547
<TOTAL-LIABILITY-AND-EQUITY>                30,353,052
<SALES>                                      3,478,025
<TOTAL-REVENUES>                             5,679,729
<CGS>                                        3,344,478
<TOTAL-COSTS>                                3,876,920
<OTHER-EXPENSES>                               522,600
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               9,842
<INCOME-PRETAX>                              1,802,808
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          1,802,808
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,802,808
<EPS-PRIMARY>                                     .351
<EPS-DILUTED>                                     .192