<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  ENDING  MAY 31,  1998 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-Q.

FOOTNOTES
[1]ANTI-DILUTIVE

</LEGEND>
<MULTIPLIER>                                                               1,000
       
<S>                                                                       <C>    
<PERIOD-TYPE>                                                              3-MOS
<FISCAL-YEAR-END>                                                    FEB-28-1999
<PERIOD-START>                                                       MAR-01-1998
<PERIOD-END>                                                         MAY-31-1998
<CASH>                                                                    4,160
<SECURITIES>                                                              9,607
<RECEIVABLES>                                                             5,342
<ALLOWANCES>                                                               (133)
<INVENTORY>                                                               5,508
<CURRENT-ASSETS>                                                         24,642
<PP&E>                                                                   21,940
<DEPRECIATION>                                                          (12,690)
<TOTAL-ASSETS>                                                           42,418
<CURRENT-LIABILITIES>                                                     6,041
<BONDS>                                                                  11,714
<PREFERRED-MANDATORY>                                                         0
<PREFERRED>                                                               4,776
<COMMON>                                                                  2,103
<OTHER-SE>                                                               13,254
<TOTAL-LIABILITY-AND-EQUITY>                                             42,418
<SALES>                                                                   7,685
<TOTAL-REVENUES>                                                          7,831
<CGS>                                                                     5,170
<TOTAL-COSTS>                                                             7,742
<OTHER-EXPENSES>                                                          2,111
<LOSS-PROVISION>                                                              3
<INTEREST-EXPENSE>                                                          461
<INCOME-PRETAX>                                                              89
<INCOME-TAX>                                                                 36
<INCOME-CONTINUING>                                                          53
<DISCONTINUED>                                                                0
<EXTRAORDINARY>                                                               0
<CHANGES>                                                                     0
<NET-INCOME>                                                                (50)
<EPS-PRIMARY>                                                              (.03)
<EPS-DILUTED>                                                              (.03)
        


</TABLE>