<TABLE> <S> <C>

<ARTICLE>                5
<LEGEND>
                                      E-10

                                                                   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  28, 1997 and is  qualified in its entirety by reference to such
financial statements.

                    RESTATED
</LEGEND>
<CURRENCY>                                                           U.S.DOLLARS
                                                                           
                   <S>                                             <C>                           
                   <PERIOD-TYPE>                                   Year                             
                   <FISCAL-YEAR-END>                               Feb-28-1997
                   <PERIOD-START>                                  Mar-01-1996
                   <PERIOD-END>                                    Feb-28-1997
                   <EXCHANGE-RATE>                                       1,000
                   <CASH>                                                3,219
                   <SECURITIES>                                          5,345
                   <RECEIVABLES>                                         2,963
                   <ALLOWANCES>                                            190
                   <INVENTORY>                                           9,040
                   <CURRENT-ASSETS>                                     20,893
                   <PP&E>                                               20,946
                   <DEPRECIATION>                                       11,610
                   <TOTAL-ASSETS>                                       37,677
                   <CURRENT-LIABILITIES>                                 8,710
                   <BONDS>                                               7,041
                   <PREFERRED-MANDATORY>                                 4,891
                   <PREFERRED>                                               0
                   <COMMON>                                              2,103
                   <OTHER-SE>                                           11,544
                   <TOTAL-LIABILITY-AND-EQUITY>                         37,677
                   <SALES>                                              20,643
                   <TOTAL-REVENUES>                                     20,501
                   <CGS>                                                13,259
                   <TOTAL-COSTS>                                        21,049
                   <OTHER-EXPENSES>                                      7,000
                   <LOSS-PROVISION>                                         76
                   <INTEREST-EXPENSE>                                      811
                   <INCOME-PRETAX>                                        (548)             
                   <INCOME-TAX>                                        (882)<F1>
                   <INCOME-CONTINUING>                                     334
                   <DISCONTINUED>                                          (35)
                   <EXTRAORDINARY>                                           0
                   <CHANGES>                                                 0
                   <NET-INCOME>                                             22
                   <EPS-PRIMARY>                                           .01
                   <EPS-DILUTED>                                         .01<F2>
      

<FN>
<F1>        Represents income tax benefit
<F2>        Antidilutive
</FN>
        

</TABLE>