<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 94,435 <SECURITIES> 0 <RECEIVABLES> 93,488 <ALLOWANCES> (887) <INVENTORY> 324,330 <CURRENT-ASSETS> 531,779 <PP&E> 44,028 <DEPRECIATION> (6,440) <TOTAL-ASSETS> 975,662 <CURRENT-LIABILITIES> 426,632 <BONDS> 238,550 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2 <OTHER-SE> 300,555 <TOTAL-LIABILITY-AND-EQUITY> 975,662 <SALES> 2,087,148 <TOTAL-REVENUES> 2,089,763 <CGS> 1,830,086 <TOTAL-COSTS> 2,085,152 <OTHER-EXPENSES> 297 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 15,085 <INCOME-PRETAX> (15,513) <INCOME-TAX> 5,511 <INCOME-CONTINUING> (10,140) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (14,140) <EPS-PRIMARY> (0.56) <EPS-DILUTED> (0.54)