<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS OF COMPUTER NETWORK TECHNOLOGY CORPORATION AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 7,384 <SECURITIES> 22,422 <RECEIVABLES> 18,204 <ALLOWANCES> 775 <INVENTORY> 12,583 <CURRENT-ASSETS> 62,971 <PP&E> 29,579 <DEPRECIATION> 18,581 <TOTAL-ASSETS> 79,988 <CURRENT-LIABILITIES> 20,199 <BONDS> 808 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 225 <OTHER-SE> 58,755 <TOTAL-LIABILITY-AND-EQUITY> 79,988 <SALES> 29,197 <TOTAL-REVENUES> 42,443 <CGS> 8,943 <TOTAL-COSTS> 18,040 <OTHER-EXPENSES> 8,056<F1> <LOSS-PROVISION> 10 <INTEREST-EXPENSE> 16 <INCOME-PRETAX> (767) <INCOME-TAX> (287) <INCOME-CONTINUING> (480) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (480) <EPS-PRIMARY> (.02)<F2> <EPS-DILUTED> (.02) <FN> <F1>Amount presented represents engineering and development expense <F2>Amount presented represents Basic Net Income (loss) per share </FN>