<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 three-month period ended December 31, 1999, and is qualified in its entirety
by reference to such consolidated unaudited financial statements.
</LEGEND>
<CURRENCY>                                      US DOLLARS

<S>                                               <C>
<PERIOD-TYPE>                                   3-MOS
<FISCAL-YEAR-END>                               SEP-30-2000
<PERIOD-END>                                    DEC-31-1999
<EXCHANGE-RATE>                                                                                 1
<CASH>                                                                                    366,820
<SECURITIES>                                                                              126,607
<RECEIVABLES>                                                                                   0
<ALLOWANCES>                                                                                    0
<INVENTORY>                                                                                     0
<CURRENT-ASSETS>                                                                                0
<PP&E>                                                                                          0
<DEPRECIATION>                                                                                  0
<TOTAL-ASSETS>                                                                          8,580,028
<CURRENT-LIABILITIES>                                                                  10,954,908
<BONDS>                                                                                         0
<PREFERRED-MANDATORY>                                                                           0
<PREFERRED>                                                                                     0
<COMMON>                                                                                        0
<OTHER-SE>                                                                             (1,389,431)
<TOTAL-LIABILITY-AND-EQUITY>                                                            8,580,028
<SALES>                                                                                         0
<TOTAL-REVENUES>                                                                        2,777,142
<CGS>                                                                                           0
<TOTAL-COSTS>                                                                           2,248,905
<OTHER-EXPENSES>                                                                          (70,990)
<LOSS-PROVISION>                                                                                0
<INTEREST-EXPENSE>                                                                        178,572
<INCOME-PRETAX>                                                                           420,655
<INCOME-TAX>                                                                              115,000
<INCOME-CONTINUING>                                                                             0
<DISCONTINUED>                                                                                  0
<EXTRAORDINARY>                                                                                 0
<CHANGES>                                                                                       0
<NET-INCOME>                                                                              305,655
<EPS-BASIC>                                                                                  0.02
<EPS-DILUTED>                                                                                0.02





</TABLE>