<ARTICLE> BD
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          SEP-25-1998
<PERIOD-START>                             SEP-27-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                             999
<RECEIVABLES>                                   23,528
<SECURITIES-RESALE>                              3,402
<SECURITIES-BORROWED>                              510
<INSTRUMENTS-OWNED>                             36,563
<PP&E>                                           1,561
<TOTAL-ASSETS>                                  69,828
<SHORT-TERM>                                     2,500
<PAYABLES>                                      57,235
<REPOS-SOLD>                                         0
<SECURITIES-LOANED>                                  0
<INSTRUMENTS-SOLD>                                 442
<LONG-TERM>                                      1,726
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            30
<OTHER-SE>                                       7,895
<TOTAL-LIABILITY-AND-EQUITY>                    69,828
<TRADING-REVENUE>                                1,145
<INTEREST-DIVIDENDS>                             1,049
<COMMISSIONS>                                    5,803
<INVESTMENT-BANKING-REVENUES>                    6,967
<FEE-REVENUE>                                        0
<INTEREST-EXPENSE>                                 691
<COMPENSATION>                                  11,209
<INCOME-PRETAX>                                    310
<INCOME-PRE-EXTRAORDINARY>                         310
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       192
<EPS-PRIMARY>                                      .13
<EPS-DILUTED>                                      .12