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Technology Stocks : Comdisco, Inc. (NYSE: CDO)
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To: KevRupert who wrote (576)9/2/2000 9:59:46 PM
From: KevRupert  Read Replies (1) of 689
 
Quarterly Results:

I am expecting improved quarterly results based upon the last conference call. CDO has organic growth developing, which may not be fully recognized at this time. CDO has been developing the infrastructure (i.e., buildings, technology) to derive sales from customers for storage/disaster recovery. While a lot of the expense has been incurred, the revenue has not been recognized due to the infrastructure not being complete.

Nick indicated that CDO had customers signed up for the facilities, and revenues would increase when these facilities were up and running.

At the end of the day, CDO will not hold any CDOV shares (no time table given; there are a number of ways that the CDOV shares will be distributed). I believe the CDO is very competent at recognizing the ability to grow along the lines of an Exodus. (Build the facilities, and the customer will sign up.)

I hope everyone is having a great weekend.

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