| Business Summary | | Comdisco,
Inc.
provides
global
technology
services
to
help
its
customers
maximize
technology
functionality,
predictability
and
availability.
The
Company
provides
equipment
leasing,
continuity,
managed
network
services,
and
desktop
management
solutions.
These
services
are
designed
to
provide
integrated,
long-term,
cost
effective
asset
and
technological
planning
as
well
as
data
and
voice
availability
and
recovery
to
users
of
high
technology
equipment.
Through
its
Ventures
group,
Comdisco
provides
venture
leases,
venture
debt
and
direct
equity
financing
to
venture
capital-backed
companies.
In
July
2001,
the
Company
announced
that
it
and
50
domestic
United
States
subsidiaries
have
filed
voluntary
petitions
for
relief
under
chapter
11
of
the
United
States
Bankruptcy
Code.
The
Company
also
announced
its
intention
to
reorganize
its
remaining
businesses,
including
Comdisco
Ventures
group,
on
a
"fast-track''
basis
and
has
targeted
emergence
from
chapter
11
during
early
2002. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CDO
provides
technology
services
to
help
its
customers
maximize
technology
functionality,
predictability
and
availability.
CDO
provides
equipment
leasing,
business
continuity
and
network
services,
and
management
solutions.
For
the
nine
months
ended
6/30/01,
revenues
fell
11%
to
$2.2
billion.
Net
loss
from
continuing
operations
and
before
acct.
change
totalled
$94
million
vs.
an
income
of
$154
million.
Results
reflect
decreased
revenues
from
operating
leases
and
higher
S/G/A
and
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Norman Blake, Jr., 59 Chairman,
Pres, CEO | -- | Michael Fazio, 39 CFO,
Exec. VP | -- | William Pontikes, 59 Exec.
VP | $547K | Gregory Sabatello, 40 Sr.
VP and CIO | -- | Ronald Mishler, 40 Sr.
VP, Treasurer | -- | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|