<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 34,160 <SECURITIES> 16,863 <RECEIVABLES> 22,027 <ALLOWANCES> 0 <INVENTORY> 114,439 <CURRENT-ASSETS> 191,862 <PP&E> 173,034 <DEPRECIATION> (18,238) <TOTAL-ASSETS> 348,436 <CURRENT-LIABILITIES> 78,736 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 100,382 <OTHER-SE> (43,636) <TOTAL-LIABILITY-AND-EQUITY> 348,436 <SALES> 90,280 <TOTAL-REVENUES> 92,134 <CGS> 77,112 <TOTAL-COSTS> 84,375 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (2,625) <INCOME-PRETAX> 4,888 <INCOME-TAX> (637) <INCOME-CONTINUING> 4,251 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,251 <EPS-PRIMARY> .08 <EPS-DILUTED> .07