COMDISCO INC
SC 13G, 1997-02-12
COMPUTER RENTAL & LEASING
Previous: RATIONAL SOFTWARE CORP, SC 13G/A, 1997-02-12
Next: PAINEWEBBER GROWTH PROPERTIES TWO LP, 10-Q, 1997-02-12




                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

                                (Amendment No. 4)

                                 Comdisco, Inc.
         -------------------------------------------------------------
                                (Name of Issuer)

                          Common Stock, $.10 Par Value
         -------------------------------------------------------------
                         (Title of Class of Securities)

                                    200336105
                  --------------------------------------------
                                 (CUSIP Number)

      *The remainder of this cover page shall be filled out for a reporting
      person's initial filing on this form with respect to the subject class of
      securities, and for any subsequent amendment containing information which
      would alter the disclosures provided in a prior cover page.

      The information required in the remainder of this cover page shall not be
      deemed to be "filed" for the purpose of Section 18 of the Securities
      Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
      that section of the Act but shall be subject to all other provisions of
      the Act (however, see the Notes).

                        (Continued on following page(s))

                                Page 1 of 5 Pages
<PAGE>

- ------------------------                        -------------------------
CUSIP NO. 200336105                 13G          Page  2  of  5  Pages
- ------------------------                        -------------------------

- ------------------------------------------------------------------
1     Name of Reporting Person
      S.S. or I.R.S. Identification No. of Above Person

      David J. Greene and Company
- ------------------------------------------------------------------
2     Check the Appropriate Box if a Member of a Group*
                                                         (a) [  ]
                                                         (b) [xx]
- ------------------------------------------------------------------
3     SEC Use Only

- ------------------------------------------------------------------
4     Citizenship or Place of Organization

      New York
- ------------------------------------------------------------------
                  5     Sole Voting Power

  Number of
                                    150,251 shares
   Shares       --------------------------------------------------
                  6     Shared Voting Power
Beneficially

  Owned By                          1,251,604 shares
                --------------------------------------------------
   Each           7     Sole Dispositive Power

 Reporting
                                    150,251 shares
  Person        --------------------------------------------------
                  8     Shared Dispositive Power
   With

                                    2,055,455 shares
- ------------------------------------------------------------------
9     Aggregate Amount Beneficially Owned By Each Reporting Person

                                    2,205,706 shares
- ------------------------------------------------------------------
10    Check Box if the Aggregate Amount in Row (9) Excludes
      Certain Shares*
                                                             [  ]
- ------------------------------------------------------------------
11    Percent of Class Represented By Amount in Row 9

      4.38%
- ------------------------------------------------------------------
12    Type of Reporting Person*

      Broker-dealer/Investment Adviser/Partnership (BD/IA/PN)
- ------------------------------------------------------------------
                      *SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>

David J. Greene and Company                                          3 of 5

The filing of this statement shall not be construed as an admission that David
J. Greene and Company is the beneficial owner of the securities covered by such
statement.

Item 1.  (a)      Name of Issuer.

                  Comdisco, Inc.

Item 1.  (b)      Address of Issuer's Principal Executive Officers.

                  6111 North River Road
                  Rosemont, Illinois  60018

Item 2.  (a)      Name of Person Filing.

                  David J. Greene and Company

Item 2.  (b)      Address of Principal Business Office.

                  599 Lexington Avenue, New York, NY  10022

Item 2.  (c)      Place of Organization.

                  New York

Item 2.  (d)      Title of Class of Securities.

                  Common Stock, $.10 par value

Item 2.  (e)      CUSIP Number.

                  200336105

Item 3.  (a)      David J. Greene and Company is a broker-dealer
                  registered under Section 15 of the Act.

          (b)     David J. Greene and Company is an investment
                  adviser registered under Section 203 of the
                  Investment Advisers Act of 1940.

Item 4.  Ownership.

          (a)     Amount Beneficially Owned:  2,205,455 shares

          (b)     Percent of Class:  4.38%
<PAGE>

David J. Greene and Company                                          4 of 5

          (c)     Number of shares as to which such person has:

                    (i) Sole power to vote:                 150,251 shares

                   (ii) Shared power to vote:               1,251,604 shares

                  (iii) Sole power to dispose of or to direct the
                        disposition of:                     150,251 shares

                   (iv) Shared power to dispose or to direct the
                        disposition of:                     2,055,455 shares

Item 5.     Ownership of Five Percent or Less of a Class.

            If this statement is being filed to report the fact that as of the
            date hereof the reporting person has ceased to be the beneficial
            owner of more than five percent of the class of securities, check
            the following [ x ].

Item 6.     Ownership of More than Five Percent on Behalf of Another
            Person.

            Not applicable.

Item 7.     Identification and Classification of the Subsidiary Which
            Acquired the Security Being Reported by the Parent
            Holding Company.

            Not applicable.

Item 8.     Identification and Classification of Members of the
            Group.

            Not applicable.

Item 9.     Notice of Dissolution of Group.

            Not applicable.
<PAGE>

David J. Greene and Company                                          5 of 5
Item 10.    Certification.

            By signing below I certify that, to the best of my knowledge and
            belief, the securities referred to above were acquired in the
            ordinary course of business and were not acquired for the purpose of
            and do not have the effect of changing or influencing the control of
            the issuer of such securities and were not acquired in connection
            with or as a participant in any transaction having such purpose or
            effect.

            After reasonable inquiry and to the best of my knowledge and belief,
            I certify that the information set forth in this statement is true,
            complete and correct.

                                    Date:  February 7, 1997

                                    Signature:    /s/ E. Stephen Walsh
                                                  ------------------------------

                                    Name/Title:   E. Stephen Walsh
                                                  General Partner and
                                                  Director of Compliance


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission