Comdisco, Inc. (NYSE: CDO) Message Board

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Technology Stocks : Comdisco, Inc. (NYSE: CDO)

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To: stockboy who wrote (318)	12/23/1999 9:08:00 AM
From: Manzanillo	Read Replies (2) of 689

From Solomon Smith Barney: <<--SUMMARY:--Comdisco, Inc.--Server & Enterprise Hardware CDO stated that it expects to exceed F1Q consensus EPS estimates by $0.10 and that it would report approximately $0.35 in EPS for the quarter, excluding Prism. Our F1Q EPS estimate is increased from $0.26 to $0.35. Our FY00 EPS estimate is increased from $1.20 to $1.30. We believe there could be another $0.10 upside before Ventures is spun out. Our price target is increased from $40 to $50-55 (single point of $52). We believe Prism should be valued at $2-3 billion which means $15 per share of CDO's stock. We believe Ventures portfolio should be valued at $1.5 billion or $9 of CDO's stock. The core earnings of CDO which is becoming more and more of a technology services company, is about $1.00 in earnings in cal. 2000 and applying a market multiple gets up to $28. >>

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