<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <EXCHANGE-RATE> 1 <CASH> 6964580 <SECURITIES> 319732 <RECEIVABLES> 2304066 <ALLOWANCES> 0 <INVENTORY> 46003850 <CURRENT-ASSETS> 57283219 <PP&E> 687287 <DEPRECIATION> 421342 <TOTAL-ASSETS> 70429884 <CURRENT-LIABILITIES> 17288405 <BONDS> 25734714 <PREFERRED-MANDATORY> 45806 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 27360959 <TOTAL-LIABILITY-AND-EQUITY> 70429884 <SALES> 12572837 <TOTAL-REVENUES> 13107447 <CGS> 10946502 <TOTAL-COSTS> 11701550 <OTHER-EXPENSES> 1091686 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 314211 <INCOME-TAX> 25873 <INCOME-CONTINUING> 288338 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 288338 <EPS-PRIMARY> 0.06 <EPS-DILUTED> 0.06