<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                       2,978,245
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                 37,837,914
<CURRENT-ASSETS>                             3,524,075
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              41,361,989
<CURRENT-LIABILITIES>                        5,237,226
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    10,154,785
<OTHER-SE>                                 (7,480,032)
<TOTAL-LIABILITY-AND-EQUITY>                41,361,989
<SALES>                                     10,438,264
<TOTAL-REVENUES>                            10,485,615
<CGS>                                        9,820,775
<TOTAL-COSTS>                                9,820,775
<OTHER-EXPENSES>                               938,550
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             106,053
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (388,496)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (388,496)
<EPS-PRIMARY>                                   (0.04)
<EPS-DILUTED>                                   (0.04)