<TABLE> <S> <C>

<ARTICLE>                     5
<LEGEND>
                                                                     Exhibit 27
                              ANDERSEN GROUP, INC.
                             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, 1998 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-28-1999
<PERIOD-START>                                                       MAR-01-1998
<PERIOD-END>                                                         AUG-31-1998
<CASH>                                                                     5,273
<SECURITIES>                                                               6,301
<RECEIVABLES>                                                              3,606
<ALLOWANCES>                                                               (151)
<INVENTORY>                                                                5,338
<CURRENT-ASSETS>                                                          21,110
<PP&E>                                                                    22,349
<DEPRECIATION>                                                          (12,950)
<TOTAL-ASSETS>                                                            37,612
<CURRENT-LIABILITIES>                                                      5,311
<BONDS>                                                                   11,684
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                                4,776
<COMMON>                                                                      20
<OTHER-SE>                                                                11,918
<TOTAL-LIABILITY-AND-EQUITY>                                              37,612
<SALES>                                                                   13,623
<TOTAL-REVENUES>                                                           8,947
<CGS>                                                                      9,022
<TOTAL-COSTS>                                                             13,420
<OTHER-EXPENSES>                                                           4,398 
<LOSS-PROVISION>                                                              21
<INTEREST-EXPENSE>                                                           986
<INCOME-PRETAX>                                                          (5,459)
<INCOME-TAX>                                                             (2,161)
<INCOME-CONTINUING>                                                      (3,298)
<DISCONTINUED>                                                                 0
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                             (3,497)
<EPS-PRIMARY>                                                             (1.80)
<EPS-DILUTED>                                                             (1.80)
<FN>
ANTI-DILUTIVE
</FN>
        


</TABLE>