<ARTICLE> 5 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 3,677 <SECURITIES> 0 <RECEIVABLES> 63,838 <ALLOWANCES> 0 <INVENTORY> 1,113,628 <CURRENT-ASSETS> 1,213,636 <PP&E> 28,172 <DEPRECIATION> 7,117 <TOTAL-ASSETS> 1,234,691 <CURRENT-LIABILITIES> 1,073,015 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 193 <OTHER-SE> 161,676 <TOTAL-LIABILITY-AND-EQUITY> 1,234,691 <SALES> 13,455 <TOTAL-REVENUES> 30,057 <CGS> 17,964 <TOTAL-COSTS> 22,839 <OTHER-EXPENSES> 4,875 <LOSS-PROVISION> 265 <INTEREST-EXPENSE> 9,720 <INCOME-PRETAX> 7,218 <INCOME-TAX> 2,748 <INCOME-CONTINUING> 7,218 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,470 <EPS-PRIMARY> 0.23 <EPS-DILUTED> 0.22