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

To: KevRupert who wrote (612)	10/14/2000 8:55:49 PM
From: Bosco	Read Replies (1) \| Respond to of 689

Hi ad well, maybe I am a hardened sucker <vbg>. CDO is not my worst folly, and I still have some faith in her. What did me in is not entirely CDO problem. I ve margined heavily starting in mid September, so this is self preservation time. Also, had I not overweighed in CDO to begin with, I could ve held on to everything in CDO. Finally, PRISM has indeed changed the equation. Again, one could ve blamed CDO for not being fore coming, but then, looking at the performance of Covad in the last 6 months, the writing is on the wall. So, maybe my own pride has to shoulder some of the blame Ultimately, while you prefer to stick to stock commentaries, and I respect that, my personal attitude is the money is just one of the factors in life. I mean, I am lucky to be in this land of opportunity and enjoy relative peace. Look at the great turmoil in the middle east, or the relatives who loved ones killed on the USS Colt. Ahem, back to the stock market. Well, lately, I ve been betting against the dealers and lost! I ve been adding ADCT, AMTL, CPQ etc etc. I feel quite comfortable with these three, despite I am in deep red. I ve continued to hold a bunch of fallen angels. Some days, I simply swapped one stock for another. For instance, 3 days ago, I dumped a position in TXN for ADI b/c the latter has a greater appreciation potentials. I could be wrong, but I would not ve done it if I had allowed my discomfort to get in my way thanks for listening best, Bosco

To: KevRupert who wrote (612)	12/26/2000 3:56:34 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 689

Pontikes steps down, cites need for "seasoned leadership": biz.yahoo.com Thursday December 21, 6:01 am Eastern Time Press Release Comdisco Names Philip A. Hewes President and Chief Executive Officer Nicholas K. Pontikes Resigns as President and Chief Executive Officer ROSEMONT, Ill.--(BUSINESS WIRE)--Dec. 21, 2000--Comdisco, Inc. (NYSE:CDO - news) today announced that Philip A. Hewes, 48, has agreed to serve as president and chief executive officer, effective immediately, during a period in which the company conducts a comprehensive search for a permanent chairman and chief executive officer. The Board of Directors unanimously approved a proposal by Nicholas K. Pontikes, 36, who has resigned as president and chief executive officer, to form a search committee and retained Russell Reynolds Associates, Inc. to identify suitable candidates. Hewes said, ``Even as Comdisco implements its search, my priority is to concentrate on executing our strategy diligently, and to lose no time in continuing to develop our three core businesses -- leasing, services, and ventures. These are clearly all healthy businesses in growing markets, and I expect they will continue to generate value for shareholders.'' ``As I will work with our management team implementing our business plans, I will also work with the Board and the search committee to help identify a suitable candidate to lead Comdisco to even further successes,'' continued Hewes. ``I am committed to ensuring a seamless transition and an orderly transfer of responsibilities over the coming months.'' Pontikes said, ``To truly deliver on the promise of our strategic plans, and to take advantage of our strong financial and operational record, I believe that Comdisco needs seasoned leadership with decades, not years, of experience in growing businesses profitably. Therefore, I have submitted my resignation as president and chief executive officer, and have recommended to the Board of Directors that we should seek to hire the very best executive to lead our company. In the short-term, I enthusiastically support the Board's decision to ask Phil Hewes to build on Comdisco's successes. He has understanding of our business and our company, given his 23 years with Comdisco, and is well-equipped to lead Comdisco and its management team until we have selected a new chairman and chief executive officer.'' ``I will continue as a member of the Board of Directors, and my family remains substantial shareholders in Comdisco. We have no intention at present of selling ourstock, and are very excited about the company's future,'' concluded Pontikes. Until his appointment, Hewes was senior vice president - Legal and secretary for the company. In this capacity, he was responsible for the Legal, Human Resources, Administration and International departments. Hewes was appointed as secretary for the corporation in 1991 and became a member of the Board of Directors in 1992. He received a B.A. degree in 1974 from Colorado State University and his J.D. from The John Marshall Law School in Chicago. He was admitted to the Illinois Bar in 1977.