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: Bosco who wrote (609)	10/11/2000 8:05:57 PM
From: KevRupert	Read Replies (1) \| Respond to of 689

Hello Bosco. Your humility is always refreshing! I enjoy your thoughts whenever I get the chance. Thank you. I enjoy your dialogue due to your honesty. I think there are two concerns at the present time: 1) Institutions will continue to unload to lock in capital losses -- and will continue to do so through 10/31/2000. 2) The key issue, in my opinion, is nobody can place a dollar amount on what possible venture losses CDO may incur. With this telecom/IPO/everything slowdown, all bets are off. If csco/nt are not immune from a potential slowdown, then neither are CDOV's investments. CDO is leveraged to the hilt, and who knows what losses may be looming? My concerns still remain: 1) I trust management. But I don't have confidence in them. Rich kid inherits job. That doesn't pay the bills for me. (I know many do have confidence in managment, so this is just my opinion.) 2) I still don't know what the business plan is for CDO. 3) Management doesn't communicate to investors. Remember the promises about a Prism IPO, a CDOV IPO, etc., etc.? We, the shareholders, don't find out about the demise until way after the fact. We were told the CDOV IPO would happen in 9/2000. Why not communicate if it's postponed, delayed, cancelled, or whatever? 4) I am not positive the company will be around in 1 year. They have too much financial exposure at the present time. Look what happened to the company after the Prism fiasco. Imagine 20-100 other situations in their pre-IPO stable of companies. The writeoffs, the losses, the possible credit downgrades. All I am asking for is for management to communicate in real time. Just my opinion, Good luck to all.