<TABLE> <S> <C>

<ARTICLE>                     5
<LEGEND>  

                                                                    Exhibit 27.1
                              ANDERSEN GROUP, INC.
                        RESTATED FINANCIAL DATA SCHEDULE
                       COMMERCIAL AND INDUSTRIAL COMPANIES
                           ARTICLE 5 OF REGULATION S-X

THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
REGISTRANT'S  FORM 10-Q FOR THE  QUARTERLY  PERIOD ENDED AUGUST 31, 1997 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.



</LEGEND>
<MULTIPLIER>                                                               1,000
       
<S>                                                                  <C>
<PERIOD-TYPE>                                                              6-MOS
<FISCAL-YEAR-END>                                                    FEB-28-1998
<PERIOD-START>                                                       MAR-01-1997
<PERIOD-END>                                                         AUG-31-1997
<CASH>                                                                     2,673
<SECURITIES>                                                              10,267
<RECEIVABLES>                                                              3,682
<ALLOWANCES>                                                               (232)
<INVENTORY>                                                                9,080
<CURRENT-ASSETS>                                                          25,630
<PP&E>                                                                    21,954
<DEPRECIATION>                                                          (12,315)
<TOTAL-ASSETS>                                                            42,309
<CURRENT-LIABILITIES>                                                     10,967
<BONDS>                                                                    6,877
<PREFERRED-MANDATORY>                                                      4,750
<PREFERRED>                                                                    0
<COMMON>                                                                   2,103
<OTHER-SE>                                                                13,725
<TOTAL-LIABILITY-AND-EQUITY>                                              42,309
<SALES>                                                                   11,666
<TOTAL-REVENUES>                                                          15,684
<CGS>                                                                      7,656
<TOTAL-COSTS>                                                             11,349
<OTHER-EXPENSES>                                                           3,693    
<LOSS-PROVISION>                                                              24 
<INTEREST-EXPENSE>                                                           489
<INCOME-PRETAX>                                                            3,846
<INCOME-TAX>                                                               1,541
<INCOME-CONTINUING>                                                        2,305
<DISCONTINUED>                                                                73
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                               2,181 
<EPS-PRIMARY>                                                               1.13
<EPS-DILUTED>                                                               1.13
<FN>
Anti-Dilutive
</FN>

        


</TABLE>