<TABLE> <S> <C>

<ARTICLE>                     5
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
consolidated  unaudited financial statements of Lahaina  Acquisitions,  Inc. for
the six-month  period ended March 31, 2000,  and is qualified in its entirety by
reference to such consolidated unaudited financial statements.
</LEGEND>
<CURRENCY>                                   US DOLLARS

<S>                                         <C>
<PERIOD-TYPE>                                6-MOS
<FISCAL-YEAR-END>                            SEP-30-2000
<PERIOD-END>                                 MAR-31-2000
<EXCHANGE-RATE>                                                                            1
<CASH>                                                                               552,828
<SECURITIES>                                                                         126,607
<RECEIVABLES>                                                                              0
<ALLOWANCES>                                                                               0
<INVENTORY>                                                                                0
<CURRENT-ASSETS>                                                                           0
<PP&E>                                                                                     0
<DEPRECIATION>                                                                             0
<TOTAL-ASSETS>                                                                    10,551,683
<CURRENT-LIABILITIES>                                                             12,025,223
<BONDS>                                                                                    0
<PREFERRED-MANDATORY>                                                                      0
<PREFERRED>                                                                                0
<COMMON>                                                                                   0
<OTHER-SE>                                                                         (436,372)
<TOTAL-LIABILITY-AND-EQUITY>                                                      10,551,683
<SALES>                                                                                    0
<TOTAL-REVENUES>                                                                   5,610,487
<CGS>                                                                                      0
<TOTAL-COSTS>                                                                      5,261,232
<OTHER-EXPENSES>                                                                   (557,154)
<LOSS-PROVISION>                                                                           0
<INTEREST-EXPENSE>                                                                   381,972
<INCOME-PRETAX>                                                                      524,437
<INCOME-TAX>                                                                          70,000
<INCOME-CONTINUING>                                                                        0
<DISCONTINUED>                                                                             0
<EXTRAORDINARY>                                                                            0
<CHANGES>                                                                                  0
<NET-INCOME>                                                                         454,437
<EPS-BASIC>                                                                             0.03
<EPS-DILUTED>                                                                           0.03




</TABLE>