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


To: KevRupert who wrote (397)3/2/2000 2:39:00 PM
From: KevRupert  Read Replies (1) | Respond to of 689
 
CDO is a fantastic opportunity. From my understanding (and do correct me if I'm wrong on any points, please:) )

1) a venture capital tracking stock, 15%, will be issued to the public; the remaining 85% will eventually be spun off to CDO shareholders.

2) Prism is expected to be IPO'd in CDO's fy 2000, and the shares will be eventually spunoff to CDO shareholders.

3) Management has established a $130 (?) million stock buyback plan.

4) Expected eps for next fiscal year are $1.85/share.

This company, with its many assets in IPO's (including Prism), private companies, and its core business are a fantastic value at today's price. Their website indicated that the above actions should occur this year. Just be patient, and wait for the announcements to come! Anybody have any corrections or any other strategies regarding the company? tia advalorem