Word: comdisco
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...issuance process, it has an above-average customer in terms of income and payment history. We've also been very successful with SunGard Data Systems and continue to see that as a good long-term opportunity. It provides specialized software into the financial-services market and recently bought Comdisco to make it a larger player in that area. Comdisco was one of the companies to help businesses get back up quickly following 9/11. In the consumer area we like Clorox. It owns Kingsford charcoal and Hidden Valley, interesting and sustainable franchises. It's not growing at a rapid rate...
After the 1993 World Trade Center bombing (which killed six people), the New York Board of Trade decided to lease office space in Long Island City, Queens, from a company based in Rosemont, Ill., called Comdisco, which specializes in helping companies recover from disasters and prepare for them. N.Y.B.O.T. spent $300,000 a year to keep the space stocked with computers, phones and plenty of back-office servers, switches and IT gear. Two trading pits were ready...
...been running tests at this site for six years," says exchange vice president Pat Gambaro. The exchange is paying Comdisco $5,000 a day, anticipating a two- to four-month stay before it can find a new permanent home. The alternative? "If we didn't have a backup site, another exchange would have taken over our trading," says Gambaro. "We'd be out of business." The exchange's temporary digs--surrounded by auto-body shops, garment factories and an elevated train--are a far cry from Wall Street. But trader Chris O'Neill, 33, is glad to be working...
...temporary work spaces, non-U.S. firms such as Germany's Dresdner Bank and Royal Bank of Canada also contracted with Comdisco, cramming employees into its Queens facility, which had been outfitted with computers and IT support. Lehman Bros. moved hundreds of workers to its office in Jersey City, N.J., and rented 665 rooms at a Sheraton Manhattan hotel for 1,500 bankers and analysts, carting in fax machines, computers, copiers and desks...
...monitored around the clock by a trained team of security agents. You still aren't safe. Companies that like banks demand absolute security for their data are responsible for the development of a curious new breed of companies known as disaster recovery specialists. With names like Phoenix Systems Comdisco Disaster Recovery Systems and The Iron Mountain Group these firms operate heavily guarded bunkers and caves across the country where magnetic tape can be stored safe from fire, flood or theft. For fees that run to more than $10,000 each month these and similar companies have "hot sites" where computers...
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