<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> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 6,244 <SECURITIES> 22,990 <RECEIVABLES> 23,157 <ALLOWANCES> 1,123 <INVENTORY> 9,233 <CURRENT-ASSETS> 64,750 <PP&E> 22,216 <DEPRECIATION> 13,063 <TOTAL-ASSETS> 82,542 <CURRENT-LIABILITIES> 20,042 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 231 <OTHER-SE> 60,884 <TOTAL-LIABILITY-AND-EQUITY> 82,542 <SALES> 17,362 <TOTAL-REVENUES> 22,357 <CGS> 6,067 <TOTAL-COSTS> 10,055 <OTHER-EXPENSES> 3,156<F1> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 10 <INCOME-PRETAX> 29 <INCOME-TAX> 10 <INCOME-CONTINUING> 19 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 19 <EPS-PRIMARY> .00<F2> <EPS-DILUTED> .00 <FN> <F1>Amount presented represents engineering and development expense <F2>Amount presented represents Basic Net Income (loss) per share </FN>