<ARTICLE> 5 <CIK> 0000315621 <NAME> WEDGESTONE FINANCIAL <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-1-1998 <PERIOD-END> MAR-31-1998 <CASH> 1,162 <SECURITIES> 0 <RECEIVABLES> 7,530 <ALLOWANCES> 410 <INVENTORY> 6,104 <CURRENT-ASSETS> 16,358 <PP&E> 12,460 <DEPRECIATION> 9,176 <TOTAL-ASSETS> 21,435 <CURRENT-LIABILITIES> 8,568 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 21,886 <OTHER-SE> (12,758) <TOTAL-LIABILITY-AND-EQUITY> 21,435 <SALES> 15,138 <TOTAL-REVENUES> 15,138 <CGS> 9,836 <TOTAL-COSTS> 3,868 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 130 <INCOME-PRETAX> 1,304 <INCOME-TAX> 420 <INCOME-CONTINUING> 884 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 884 <EPS-PRIMARY> .04 <EPS-DILUTED> .04