<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 573,954 <SECURITIES> 0 <RECEIVABLES> 5,899,788 <ALLOWANCES> 625,271 <INVENTORY> 25,814,483 <CURRENT-ASSETS> 34,200,605 <PP&E> 6,742,598 <DEPRECIATION> 3,319,107 <TOTAL-ASSETS> 40,725,006 <CURRENT-LIABILITIES> 21,330,575 <BONDS> 6,900,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 3,854,826 <COMMON> 2,624 <OTHER-SE> 7,447,246 <TOTAL-LIABILITY-AND-EQUITY> 40,725,006 <SALES> 16,714,848 <TOTAL-REVENUES> 16,714,848 <CGS> 10,537,658 <TOTAL-COSTS> 6,253,283 <OTHER-EXPENSES> 1,631,783 <LOSS-PROVISION> 60,000 <INTEREST-EXPENSE> 355,469 <INCOME-PRETAX> (2,123,345) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,123,345) <DISCONTINUED> 0 <EXTRAORDINARY> (2,123,345) <CHANGES> 0 <NET-INCOME> (2,123,345) <EPS-PRIMARY> (.10) <EPS-DILUTED> (.10)