<TABLE> <S> <C>

<ARTICLE>                     5
<LEGEND>
                                                                    Exhibit 27.1
                              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  ENDING  MAY 31,  1997 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-Q.

NOTE:  EPS-DILUTED is anti-dilutive.

</LEGEND>
<MULTIPLIER>                                                               1,000
       
<S>                                                               <C>
<PERIOD-TYPE>                                                              3-MOS
<FISCAL-YEAR-END>                                                    FEB-28-1998
<PERIOD-START>                                                       MAR-01-1997
<PERIOD-END>                                                         MAY-31-1997
<CASH>                                                                    2,866
<SECURITIES>                                                              5,935
<RECEIVABLES>                                                             4,047
<ALLOWANCES>                                                               (218)
<INVENTORY>                                                               9,578
<CURRENT-ASSETS>                                                          22,382
<PP&E>                                                                   21,660
<DEPRECIATION>                                                          (11,988)
<TOTAL-ASSETS>                                                           38,842
<CURRENT-LIABILITIES>                                                     9,450
<BONDS>                                                                   6,931
<PREFERRED-MANDATORY>                                                     4,902
<PREFERRED>                                                                   0
<COMMON>                                                                  2,103
<OTHER-SE>                                                               11,685
<TOTAL-LIABILITY-AND-EQUITY>                                             38,842
<SALES>                                                                   6,048
<TOTAL-REVENUES>                                                          6,338
<CGS>                                                                     3,975
<TOTAL-COSTS>                                                             5,986
<OTHER-EXPENSES>                                                          1,783
<LOSS-PROVISION>                                                             19
<INTEREST-EXPENSE>                                                          228
<INCOME-PRETAX>                                                             352
<INCOME-TAX>                                                                135
<INCOME-CONTINUING>                                                         217
<DISCONTINUED>                                                               50
<EXTRAORDINARY>                                                               0
<CHANGES>                                                                     0
<NET-INCOME>                                                                141
<EPS-PRIMARY>                                                               .07
<EPS-DILUTED>                                                              .070 
        


</TABLE>