<ARTICLE> 5 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR 3-MOS 6-MOS 9-MOS <FISCAL-YEAR-END> NOV-30-1996 NOV-30-1996 NOV-30-1996 NOV-30-1996 <PERIOD-START> DEC-01-1995 DEC-01-1995 DEC-01-1995 DEC-01-1995 <PERIOD-END> NOV-30-1996 FEB-29-1996 MAY-31-1996 AUG-31-1996 <CASH> 9,781 35,141 33,011 23,336 <SECURITIES> 81,536<F1> 94,557<F1> 87,106<F1> 83,573<F1> <RECEIVABLES> 260,496 205,554 218,658 243,535 <ALLOWANCES> 0 0 0 0 <INVENTORY> 780,302 1,090,566 933,256 889,760 <CURRENT-ASSETS> 0 0 0 0 <PP&E> 0 0 0 0 <DEPRECIATION> 0 0 0 0 <TOTAL-ASSETS> 1,243,494 1,502,851 1,385,759 1,348,939 <CURRENT-LIABILITIES> 0 0 0 0 <BONDS> 466,750<F2> 355,855<F2> 348,153<F2> 344,870<F2> <PREFERRED-MANDATORY> 0 0 0 0 <PREFERRED> 0 1,300 0 0 <COMMON> 38,828 32,357 38,857 38,873 <OTHER-SE> 301,522 380,052 275,141 286,463 <TOTAL-LIABILITY-AND-EQUITY> 1,243,494 1,502,851 1,385,759 1,348,939 <SALES> 1,754,147 295,815 769,580 1,242,371 <TOTAL-REVENUES> 1,787,041 302,475 784,825 1,226,198 <CGS> 1,435,081 243,956 632,332 1,020,837 <TOTAL-COSTS> 1,448,543<F3> 247,425<F3> 639,227<F3> 1,031,128<F3> <OTHER-EXPENSES> 397,836<F4> 40,983<F4> 273,911<F4> 334,231<F4> <LOSS-PROVISION> 0 0 0 0 <INTEREST-EXPENSE> 36,691 8,102 18,726 27,717 <INCOME-PRETAX> (95,744) 6,386 (147,496) (126,829) <INCOME-TAX> 34,500 2,300 53,100 45,700 <INCOME-CONTINUING> (61,244) 4,086 (94,396) (81,129) <DISCONTINUED> 0 0 0 0 <EXTRAORDINARY> 0 0 0 0 <CHANGES> 0 0 0 0 <NET-INCOME> (61,244) 4,086 (94,396) (81,129) <EPS-PRIMARY> (1.80) 0.05 (2.88) (2.39) <EPS-DILUTED> (1.80) 0.05 (2.88) (2.39) <FN> <F1>MARKETABLE SECURITIES ARE COMPRISED OF FIRST MORTGAGES AND MORTGAGE-BACKED SECURITIES WHICH ARE HELD FOR LONG-TERM INVESTMENT. THE MORTGAGE-BACKED SECURITIES SERVE AS COLLATERAL FOR RELATED COLLATERALIZED MORTGAGE OBLIGATIONS <F2>BONDS ARE COMPRISED OF SENIOR AND SENIOR SUBORDINATED NOTES AND COLLATERALIZED MORTGAGE OBLIGATIONS. <F3>TOTAL COSTS INCLUDE INTEREST EXPENSE ON THE COLLATERALIZED MORTGAGE OBLIGATIONS, AS THE ASSOCIATED INTEREST INCOME GENERATED FROM THE MORTGAGE-BACKED SECURITIES IS INCLUDED IN TOTAL REVENUES. <F4>OTHER EXPENSES ARE COMPRISED OF SELLING, GENERAL AND ADMINISTRATIVE EXPENSES AND FOR THE SIX MONTHS, NINE MONTHS AND TWELVE MONTHS OF 1996 INCLUDE A NON-CASH CHARGE FOR IMPAIRMENT OF LONG-LIVED ASSETS RECORDED IN THE SECOND QUARTER OF 1996. </FN>