Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Comdisco, Inc. (NYSE: CDO) -- Ignore unavailable to you. Want to Upgrade?

To: stockboy who wrote (318)	12/23/1999 9:08:00 AM
From: Manzanillo	Read Replies (2) \| Respond to 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. >>