<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ACCOMPANYING FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. (AMOUNTS IN THOUSANDS) </LEGEND> <PERIOD-TYPE> 12-MOS 9-MOS <FISCAL-YEAR-END> JUN-30-1997 JUN-30-1997 <PERIOD-START> JUL-01-1996 JUL-01-1997 <PERIOD-END> JUN-30-1997 MAR-31-1998 <CASH> 36,877<F1> 90,311<F1> <SECURITIES> 0 0 <RECEIVABLES> 93,763 173,935 <ALLOWANCES> (1,410) (1,410) <INVENTORY> 235,575 413,083 <CURRENT-ASSETS> 0<F2> 0<F2> <PP&E> 17,550 91,628 <DEPRECIATION> (8,629) (17,991) <TOTAL-ASSETS> 412,401 2,516,461 <CURRENT-LIABILITIES> 0<F2> 0<F2> <BONDS> 0 886,341 <PREFERRED-MANDATORY> 0 345,000 <PREFERRED> 50,000 0 <COMMON> 1 16 <OTHER-SE> 82,686 50,070 <TOTAL-LIABILITY-AND-EQUITY> 412,401 2,516,461 <SALES> 307,820 486,412 <TOTAL-REVENUES> 307,820 486,412 <CGS> (180,381) (274,957) <TOTAL-COSTS> (249,041) (398,415) <OTHER-EXPENSES> (1,546) (3,746) <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> (2,226) (96,360) <INCOME-PRETAX> 55,007 (12,109) <INCOME-TAX> (14,567) (1,459) <INCOME-CONTINUING> 40,440 (13,568) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 40,440 (13,568) <EPS-PRIMARY> 2.53<F3> (2.14)<F3> <EPS-DILUTED> 2.53<F3> (2.14)<F3> <FN> <F1>INCLUDES RESTRICTED CASH OF $8,000 <F2>THE COMPANY HAS ELECTED TO PRESENT AN UNCLASSIFIED BALANCE SHEET <F3>REPRESENTS EPS AFTER DEDUCTION OF DIVIDENDS ON PREFERRED STOCK </FN>