<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 12,150 <SECURITIES> 50,896 <RECEIVABLES> 189,525 <ALLOWANCES> 0 <INVENTORY> 780,873 <CURRENT-ASSETS> 1,272,446 <PP&E> 55,102 <DEPRECIATION> 16,676 <TOTAL-ASSETS> 1,326,793 <CURRENT-LIABILITIES> 1,081,768 <BONDS> 6,313 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 316 <OTHER-SE> 238,396 <TOTAL-LIABILITY-AND-EQUITY> 1,326,793 <SALES> 22,276 <TOTAL-REVENUES> 47,121 <CGS> 29,584 <TOTAL-COSTS> 41,804 <OTHER-EXPENSES> 12,220 <LOSS-PROVISION> 2,341 <INTEREST-EXPENSE> 14,853 <INCOME-PRETAX> 5,317 <INCOME-TAX> 1,981 <INCOME-CONTINUING> 3,336 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,336 <EPS-BASIC> 0.16 <EPS-DILUTED> 0.16