Company name | Comdisco Holdings Company, Inc. |
Stock ticker | CDCO |
Live stock price | [stckqut]CDCO[/stckqut] |
Confident Investor Rating | Poor |
“Comdisco Holding Company, Inc. (Comdisco Holding) was formed for the purpose
of selling, collecting or otherwise reducing to money in an orderly manner
the remaining assets of the Company and all of its direct and indirect
subsidiaries, including Comdisco, Inc. The Company’s business purpose is
limited to the orderly sale or run-off of all its remaining assets. Comdisco
Holding Company, Inc., as the successor company to Comdisco, Inc., emerged
from bankruptcy effective August 12, 2002. Pursuant to the Company?s first
amended joint plan of reorganization, Comdisco, Inc. emerged as a wholly
owned subsidiary of Comdisco Holding. Since emerging from bankruptcy
proceedings, the Company has focused on the monetization of its remaining
assets. Prior to the bankruptcy, Comdisco, Inc. provided technology services
worldwide to help its customers maximize technology functionality,
predictability and availability.”
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. It is not possible to confidently invest in a company that is not currently profitable.