WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                5
<LEGEND>


                                                                   Exhibit 27.2

                              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 Consolidated Financial Statements of Andersen Group, Inc. for the
           fiscal year ended  February 29, 1996 and is qualified in its entirety
           by reference to such financial statements.
</LEGEND>
<RESTATED>
<CURRENCY>                                                           U.S.DOLLARS
                                                                           
                   <S>                                             <C>                           
                   <PERIOD-TYPE>                                   Year                             
                   <FISCAL-YEAR-END>                               Feb-29-1996
                   <PERIOD-START>                                  Mar-01-1995
                   <PERIOD-END>                                    Feb-29-1996
                   <EXCHANGE-RATE>                                       1,000
                   <CASH>                                                4,116
                   <SECURITIES>                                          3,809
                   <RECEIVABLES>                                         4,461
                   <ALLOWANCES>                                            124
                   <INVENTORY>                                           8,612
                   <CURRENT-ASSETS>                                     20,966
                   <PP&E>                                               19,858
                   <DEPRECIATION>                                       10,742
                   <TOTAL-ASSETS>                                       38,798
                   <CURRENT-LIABILITIES>                                 9,204
                   <BONDS>                                               7,349
                   <PREFERRED-MANDATORY>                                 5,280
                   <PREFERRED>                                               0
                   <COMMON>                                              2,103
                   <OTHER-SE>                                           11,522
                   <TOTAL-LIABILITY-AND-EQUITY>                         38,798
                   <SALES>                                              23,235
                   <TOTAL-REVENUES>                                     24,048
                   <CGS>                                                15,398
                   <TOTAL-COSTS>                                        27,484
                   <OTHER-EXPENSES>                                     10,849
                   <LOSS-PROVISION>                                         97
                   <INTEREST-EXPENSE>                                    1,259
                   <INCOME-PRETAX>                                      (3,436)            
                   <INCOME-TAX>                                      (1,166)<F1>
          
                   <INCOME-CONTINUING>                                  (2,270)
                   <DISCONTINUED>                                        4,203
                   <EXTRAORDINARY>                                           0
                   <CHANGES>                                                 0
                   <NET-INCOME>                                         (1,933)
                   <EPS-PRIMARY>                                          1.23
                   <EPS-DILUTED>                                          0<F2>
      

           <FN>
           <F1> Represents income tax benefit
           <F2> Antidilutive
           </FN>
                   
<LEGEND>
                                        E-7
[/LEGEND]
 
</TABLE>