<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ALFIN, INC AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF OPERATIONS FOR THE THREE MONTHS ENDED OCTOBER AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10Q </LEGEND> <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUL-31-1998 <PERIOD-START> AUG-01-1997 <PERIOD-END> OCT-31-1997 <EXCHANGE-RATE> 1 <CASH> 143,926 <SECURITIES> 0 <RECEIVABLES> 804,285 <ALLOWANCES> 1,160,525 <INVENTORY> 2,248,465 <CURRENT-ASSETS> 3,538,613 <PP&E> 2,403,871 <DEPRECIATION> 1,837,111 <TOTAL-ASSETS> 4,180,073 <CURRENT-LIABILITIES> 3,007,192 <BONDS> 0 <PREFERRED-MANDATORY> 750,000 <PREFERRED> 0 <COMMON> 117,879 <OTHER-SE> 305,002 <TOTAL-LIABILITY-AND-EQUITY> 4,180,073 <SALES> 2,396,339 <TOTAL-REVENUES> 2,396,339 <CGS> 771,391 <TOTAL-COSTS> 2,420,853 <OTHER-EXPENSES> 38,013 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (757,892) <INCOME-TAX> 0 <INCOME-CONTINUING> (757,892) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (757,892) <EPS-PRIMARY> (0.06) <EPS-DILUTED> (0.06)