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

To: Manzanillo who wrote (319)	12/23/1999 9:29:00 AM
From: Bosco	Respond to of 689

G'day all - hi Manzanillo, thanks for the update. SSB is definitely low balling it [personally, I am fine with that, since it is better to aim lower than higher so the stock has more staying power <G>!] Here is how I see it. Valuation of PRISM is fine. Actually, considering NT getting 1% at $10MM, the valuation is quite generous. The differences are Venture and Services. Venture is valued at $1.5B. This is way below its peers. Ok, granted its peers are purer plays and are quite overpriced, Venture has put in that much $ [~$1.5B since 86] So, SSB is simply making a cost assignment here. Also, two of the CDO services are continuity and disaster recovery, both of which are the infrastructure services for e-biz, the equivalence of what picks and shovels equipment to telecom industries. Finally, CDO is still doing a good bit of leasing [can we say "outsourcing?"] These are growth areas. So, forward p/e of ~28 suggest it is merely market norm. FWIW, here's one I posted on IIO individualinvestor.com best, Bosco

To: Manzanillo who wrote (319)	12/23/1999 9:15:00 PM
From: Silver Knife	Read Replies (1) \| Respond to of 689

December 23, 1999 10:06 Salomon Raises Comdisco Target $12 To $52, Reiterates Buy (CDO) (NewsTraders.com)-- Comdisco Inc. (CDO), a provider of technology planning and asset management services, today had its price target increased to $52 from $40 by Salomon Smith Barney, according to a source at the brokerage house. Salomon continues to rate shares of the Rosemont, Ill.-based company at "buy." Further information wasn't readily available. Separately, U.S. Bancorp Piper Jaffray today hiked his price objective on Comdisco shares to the $45-to-$50 range, while reiterated a "strong buy" rating, as reported by NewsTraders. Yesterday after market close Comdisco said that first-quarter earnings would top analysts' forecasts. The company also announced that it plans to create a tracking stock for its Comdisco Ventures unit. Condisco shares recently traded down $1.06 at $38.94. Copyright 1999 NewsTraders Inc. All Rights Reserved 11:54 Thursday, December 23, 1999