<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the financial statements listed on pages 2 and 3 of this Form 10-Q and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0001060513 <NAME> PARAGON CORPORATE HOLDINGS INC <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 7,043 <SECURITIES> 27,506 <RECEIVABLES> 40,796 <ALLOWANCES> 1,644 <INVENTORY> 48,359 <CURRENT-ASSETS> 123,544 <PP&E> 17,251 <DEPRECIATION> 3,156 <TOTAL-ASSETS> 174,629 <CURRENT-LIABILITIES> 56,756 <BONDS> 115,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> (4,548) <TOTAL-LIABILITY-AND-EQUITY> 174,629 <SALES> 198,642 <TOTAL-REVENUES> 198,642 <CGS> 119,987 <TOTAL-COSTS> 187,943 <OTHER-EXPENSES> 3,009 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 7,186 <INCOME-PRETAX> 286 <INCOME-TAX> 526 <INCOME-CONTINUING> (240) <DISCONTINUED> 0 <EXTRAORDINARY> (1,280) <CHANGES> 0 <NET-INCOME> (1,520) <EPS-PRIMARY> 0 <EPS-DILUTED> 0