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

To: Nick DeVito II who wrote (464)	4/20/2000 3:33:00 PM
From: Nick DeVito II	Respond to of 689

Here it is: Thursday April 20, 3:17 pm Eastern Time Comdisco holders approve plans for tracking stock ROSEMONT, Ill., April 20 (Reuters) - Technology group Comdisco Inc. (NYSE:CDO - news) on Thursday said its shareholders voted to approve the company's proposal to amend its articles of incorporation to create a tracking stock that will reflect the economic performance of Comdisco's venture financing business. The company said about 80 percent of the shares that were voted approved the proposal. More than 57 percent of the outstanding shares voted in favour of the proposal. As part of this proposal, shareholders also approved an amendment to authorise the issuance of multiple series of common stock, increase the number of common shares authorised to 1.80 billion from 750 million, establish a stock incentive plan for Comdisco Ventures' management, and revise certain existing Comdisco stock plans to allow the issuance of Comdisco Ventures tracking stock.