<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> FEB-28-1999 <PERIOD-START> MAR-01-1998 <PERIOD-END> MAY-31-1998 <CASH> 1,381,668 <SECURITIES> 0 <RECEIVABLES> 8,547,470 <ALLOWANCES> 0 <INVENTORY> 9,408,845 <CURRENT-ASSETS> 19,720,809 <PP&E> 2,853,436 <DEPRECIATION> 0 <TOTAL-ASSETS> 47,610,864 <CURRENT-LIABILITIES> 10,794,209 <BONDS> 16,193,400 <PREFERRED-MANDATORY> 189,644 <PREFERRED> 15 <COMMON> 7,210 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 47,610,864 <SALES> 7,661,785 <TOTAL-REVENUES> 7,861,423 <CGS> 6,214,856 <TOTAL-COSTS> 962,625 <OTHER-EXPENSES> (122,275) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 619,426 <INCOME-PRETAX> 186,791 <INCOME-TAX> 0 <INCOME-CONTINUING> 186,791 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 186,791 <EPS-PRIMARY> .03 <EPS-DILUTED> .02