Comdisco Inc shares were edging up 62.5 cents a day on the New York Stock Exchange against the trend of the market and despite a poor immediate outlook for the company’s business towards the end of last week, and the excitement gathered pace on Friday with a $1 gain by mid-morning to $22.125: the reason for the firm tone was a whisper in leasing circles that either Electronic Data Systems Corp on its own, or in partnership with Hitachi Ltd was about to make a bid for the firm, whose computer leasing skills would inter alia add another string to General Motors Corp’s giant credit business as well as making life even more fun for Electronic Data’s systems integration business providing an outlet to dispose of surplus machines and a captive house to finance customer leases – and making sure that IBM Credit Corp didn’t always come out on top.
