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

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To: Nick DeVito II who wrote (359)	1/13/2000 7:17:00 PM
From: 2MAR$	Read Replies (1) of 689

Comdisco may continue to rise -- Business Week NEW YORK, Jan 13 (Reuters) - The shares of technology services company Comdisco Inc. <CDO.N> have been on the rise and some on Wall Street think this will continue, according to a story in the Jan. 24 edition of Business Week. Michael Grondahl, an analyst at U.S. Bancorp Piper Jaffray, told the magazine he thinks Comdisco will earn $1.85 a share this year and rated the stock a strong buy. Grondahl told the magazine he believes Comdisco is worth 55 a share. The company's board recently approved the creation of a tracking stock for its Comdisco Ventures unit, which invests in venture-backed companies, Business Week said. He said his share price estimate is based on hidden value he believes is in the Ventures unit and figures Prism Communications, the company's soon-to-go public Internet access provider unit, are each worth $2 billion to $3 billion, Business Week said. Comdisco Thursday closed up 1/2 to 35-7/16. The company's 52-week high was 40, its low 10-3/4. ((New York Newsdesk, 212-859-1700)) REUTERS * end of story *

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