<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 1,727,814 <SECURITIES> 0 <RECEIVABLES> 10,554,716 <ALLOWANCES> 0 <INVENTORY> 9,130,996 <CURRENT-ASSETS> 22,353,553 <PP&E> 5,059,152 <DEPRECIATION> 0 <TOTAL-ASSETS> 60,569,877 <CURRENT-LIABILITIES> 36,135,562 <BONDS> 0 <PREFERRED-MANDATORY> 11,965,000 <PREFERRED> 12,658 <COMMON> 56,966 <OTHER-SE> (376,063) <TOTAL-LIABILITY-AND-EQUITY> 60,569,877 <SALES> 45,958,193 <TOTAL-REVENUES> 45,958,193 <CGS> 32,821,835 <TOTAL-COSTS> 32,821,835 <OTHER-EXPENSES> 11,949,745 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,311,950 <INCOME-PRETAX> (3,010,370) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,010,370) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,010,370) <EPS-PRIMARY> (.63) <EPS-DILUTED> (.63)