First Quarter 1996
Consolidated Balance Sheets
( 000's )

                                   MAR 31,       DEC 31,
                                    1996           1995
                                  (Unaudited)    (Audited)

Assets

Current assets:

      Cash                         $   598    $      151
      Accounts receivable, net      22,032        20,396
      Inventories                   23,754        24,174
      Deferred income taxes          1,513         1,513
      Deferred registration costs      350             0
      Prepaid expenses and other       214           222

        Total current assets        48,461        46,456

Property and equipment, net          3,235         3,139

                                  $ 51,696       $49,595


Liabilities and Stockholders' Equity

Current liabilities:

      Credit line payable       $    6,600     $   2,500
      Accounts payable              12,497        18,635
      Accrued expenses               1,702           949
      Accrued income taxes             889           237

        Total current liabilities   21,688        22,321


Stockholders' equity:

      Common stock                   7,811         7,290
      Retained earnings             22,197        19,984

        Total stockholders' equity  30,008        27,274

                                  $ 51,696       $49,595