<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUL-31-1999 <PERIOD-START> AUG-01-1998 <PERIOD-END> JUL-31-1999 <CASH> 5,770,970 <SECURITIES> 0 <RECEIVABLES> 9,236,366 <ALLOWANCES> (495,083) <INVENTORY> 11,405,883 <CURRENT-ASSETS> 30,750,624 <PP&E> 9,565,249 <DEPRECIATION> (3,884,968) <TOTAL-ASSETS> 76,555,933 <CURRENT-LIABILITIES> 8,704,760 <BONDS> 9,577,755 <PREFERRED-MANDATORY> 8,787,191 <PREFERRED> 0 <COMMON> 40,379 <OTHER-SE> 49,445,848 <TOTAL-LIABILITY-AND-EQUITY> 76,555,933 <SALES> 71,159,241 <TOTAL-REVENUES> 71,294,751 <CGS> 34,335,344 <TOTAL-COSTS> 73,758,561 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 392,805 <INCOME-PRETAX> (2,562,982) <INCOME-TAX> (596,000) <INCOME-CONTINUING> (1,966,982) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,966,982) <EPS-BASIC> (0.05) <EPS-DILUTED> (0.05)