content: SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C. 20549
  
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
                      Filed pursuant to Section 13 or 15(d) of
                         THE SECURITIES EXCHANGE ACT OF 1934
  
                                   July 20, 2001
                           Date of Earliest Event Reported
  
  
  
                                   COMDISCO, INC.
                               (Debtor-in-Possession)
                              (a Delaware Corporation)
                                6111 North River Road
                              Rosemont, Illinois 60018
                              Telephone (847) 698-3000
                            Commission file number 1-7725
                  I.R.S. Employer Identification Number 36-2687938
  
  
  
  
  
  
  
                                        -1-
  
  <PAGE>
  
  
  
  
  
  
  
  
  Item 5   Other Events
  
  
  On July 7, 2001,  Comdisco,  Inc. announced today that Michael A. Fazio has been
  named executive vice president and chief financial officer and Ronald C. Mishler
  has been named senior vice president and  treasurer.  The company also announced
  that David S. Reynolds,  currently assistant  controller,  has been named acting
  controller. All the appointments are effective immediately.
  
                                        -2-
  
  <PAGE>
  
  
  
  Media Contacts:
  Mary Moster
  Comdisco, Inc.
  (847) 518-5147
  
  Fred Spar or Jeremy Fielding
  Kekst and Company
  (212) 521-4800
  
  
                COMDISCO ANNOUNCES FINANCIAL MANAGEMENT APPOINTMENTS
  
  ROSEMONT,  IL, July 7, 2001-  Comdisco,  Inc.  (NYSE:  CDO) announced today that
  Michael A. Fazio has been named  executive  vice  president and chief  financial
  officer  and  Ronald  C.  Mishler  has been  named  senior  vice  president  and
  treasurer.  The  company  also  announced  that  David  S.  Reynolds,  currently
  assistant controller, has been named acting controller. All the appointments are
  effective immediately.
  
  "We  have  today  named  talented  and  experienced   individuals  to  positions
  especially  important  to Comdisco as we look to our  future,"  said Norm Blake,
  chairman and chief  executive  officer.  "We now have in place the financial and
  capital market  expertise  that will enable us to complete our strategic  review
  and then implement our plans. I look forward to working closely with them on our
  management team."
  
  Mr. Fazio replaces John J. Vosicky; Mr. Mishler replaces Edward A. Pacewicz; and
  Mr.  Reynolds  replaces  David J. Keenan.  "The three  departing  officers  made
  important contributions to Comdisco over many years and we wish them the best in
  their future endeavors," Mr. Blake said.
  
  Mr. Fazio, 39, most recently served as president and chief executive  officer of
  Pretzel  Logic  Software,  Inc.  From  1999  to  2000,  he  was  executive  vice
  president/managing  director and chief operating officer - Americas for Deutsche
  Bank AG. Mr.  Fazio began his career with  Arthur  Andersen in 1983,  serving in
  increasingly  responsible  positions in  Andersen's  Financial  Market  Industry
  Practice,  including  partner-in-charge  of its New York Banking,  Brokerage and
  Investment  Banking  Industry  Practice  until 1999. Mr. Fazio received B.S. and
  M.B.A. degrees from Pace University.
  
  Mr.  Mishler,  40, joins Comdisco from Old Kent Financial  Corporation  where he
  served as senior vice president and treasurer from 1998 to 2001.  Prior to this,
  he was vice president and treasurer at USF&G  Corporation from 1996 to 1998, and
  from 1984 to 1996 he held various financial analysis and management positions at
  Heller International  Corporation.  Mr. Mishler holds a B.A. from the University
  of Notre Dame and an M.B.A. from the University of Chicago.
  
  Mr.  Reynolds,  47, who has served with  Comdisco for almost 20 years,  has been
  North American Controller since 1997.
  
  About  Comdisco  Comdisco   (www.comdisco.com)   provides   technology  services
  worldwide   to   help   its   customers   maximize   technology   functionality,
  predictability  and  availability,  while  freeing them from the  complexity  of
  managing their technology. The Rosemont, (IL) company offers a complete suite of
  information  technology  services  including  business  continuity,  managed web
  hosting, storage and IT Control and Predictability Solutions SM. Comdisco offers
  leasing to key vertical industries,  including  semiconductor  manufacturing and
  electronic    assembly,    healthcare,    telecommunications,    pharmaceutical,
  biotechnology  and  manufacturing.   Through  its  Ventures  division,  Comdisco
  provides  equipment  leasing and other financing and services to venture capital
  backed companies. Safe Harbor The foregoing contains forward-looking  statements
  regarding  Comdisco.  They reflect the  company's  current views with respect to
  current   events  and  financial   performance,   are  subject  to  many  risks,
  uncertainties  and factors  relating to the  company's  operations  and business
  environment  which may cause the actual  results of the company to be materially
  different from any future  results,  express or implied by such  forward-looking
  statements.  The company intends that such forward-looking statements be subject
  to the Safe Harbor  created by Section 27(a) of the  Securities  Act of 1933 and
  Section 21E of the  Securities  and Exchange Act of 1934.  The words and phrases
  "expect,"   "estimate,"  and  "anticipate"  and  similar  expressions   identify
  forward-looking  statements.  Certain factors that could cause actual results to
  differ materially from these  forward-looking  statements  include,  but are not
  limited to, the following:  Adjustments  arising in the course of completing the
  analysis of information  with respect to the review of the company's  businesses
  and  evaluation  of  impairment  charges;  continuing  volatility  in the equity
  markets,  which can affect the  availability of credit and other funding sources
  to the high technology sector companies in the Ventures portfolio,  resulting in
  the inability of those companies to satisfy their obligations in a timely manner
  and an  increase  in bad debt  experience  beyond  current  reserves;  continued
  consolidation in the  telecommunications  industry and curtailment of the growth
  plans of the  remaining  companies in that  sector,  which could result in fewer
  buyers and reduced prices for available Prism assets, and a further reduction in
  the proceeds  actually  received from the sale of those assets compared to prior
  estimates  and an  increase  in the  losses  associated  with  the  discontinued
  operation.  Other risk factors are listed from time to time in the company's SEC
  reports,  including, but not limited to, the report on Form 10-Q for the quarter
  ended March 31, 2001.  Comdisco  disclaims any intention or obligation to update
  or revise any forward-looking statements whether as a result of new information,
  future events or otherwise.
  
  
  
                                                                COMDISCO, INC.
  
  
  
  Date: July 20, 2001                                   by:    /s/Michael A. Fazio
                                                                ------------------
                                                           Chief Financial Officer
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text: SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
                      Filed pursuant to Section 13 or 15(d) of
                         THE SECURITIES EXCHANGE ACT OF 1934
  
                                   July 20, 2001
                           Date of Earliest Event Reported
  
                                   COMDISCO, INC.
                               (Debtor-in-Possession)
                              (a Delaware Corporation)
                                6111 North River Road
                              Rosemont, Illinois 60018
                              Telephone (847) 698-3000
                            Commission file number 1-7725
                  I.R.S. Employer Identification Number 36-2687938
  
                                        -1-
  Item 5   Other Events
  
  On July 7, 2001,  Comdisco,  Inc. announced today that Michael A. Fazio has been
  named executive vice president and chief financial officer and Ronald C. Mishler
  has been named senior vice president and  treasurer.  The company also announced
  that David S. Reynolds,  currently assistant  controller,  has been named acting
  controller. All the appointments are effective immediately.
  
                                        -2-
  Media Contacts:
  Mary Moster
  Comdisco, Inc.
  (847) 518-5147
  
  Fred Spar or Jeremy Fielding
  Kekst and Company
  (212) 521-4800
  
                COMDISCO ANNOUNCES FINANCIAL MANAGEMENT APPOINTMENTS
  
  ROSEMONT,  IL, July 7, 2001-  Comdisco,  Inc.  (NYSE:  CDO) announced today that
  Michael A. Fazio has been named  executive  vice  president and chief  financial
  officer  and  Ronald  C.  Mishler  has been  named  senior  vice  president  and
  treasurer.  The  company  also  announced  that  David  S.  Reynolds,  currently
  assistant controller, has been named acting controller. All the appointments are
  effective immediately.
  
  "We  have  today  named  talented  and  experienced   individuals  to  positions
  especially  important  to Comdisco as we look to our  future,"  said Norm Blake,
  chairman and chief  executive  officer.  "We now have in place the financial and
  capital market  expertise  that will enable us to complete our strategic  review
  and then implement our plans. I look forward to working closely with them on our
  management team."
  
  Mr. Fazio replaces John J. Vosicky; Mr. Mishler replaces Edward A. Pacewicz; and
  Mr.  Reynolds  replaces  David J. Keenan.  "The three  departing  officers  made
  important contributions to Comdisco over many years and we wish them the best in
  their future endeavors," Mr. Blake said.
  
  Mr. Fazio, 39, most recently served as president and chief executive  officer of
  Pretzel  Logic  Software,  Inc.  From  1999  to  2000,  he  was  executive  vice
  president/managing  director and chief operating officer - Americas for Deutsche
  Bank AG. Mr.  Fazio began his career with  Arthur  Andersen in 1983,  serving in
  increasingly  responsible  positions in  Andersen's  Financial  Market  Industry
  Practice,  including  partner-in-charge  of its New York Banking,  Brokerage and
  Investment  Banking  Industry  Practice  until 1999. Mr. Fazio received B.S. and
  M.B.A. degrees from Pace University.
  
  Mr.  Mishler,  40, joins Comdisco from Old Kent Financial  Corporation  where he
  served as senior vice president and treasurer from 1998 to 2001.  Prior to this,
  he was vice president and treasurer at USF&G  Corporation from 1996 to 1998, and
  from 1984 to 1996 he held various financial analysis and management positions at
  Heller International  Corporation.  Mr. Mishler holds a B.A. from the University
  of Notre Dame and an M.B.A. from the University of Chicago.
  
  Mr.  Reynolds,  47, who has served with  Comdisco for almost 20 years,  has been
  North American Controller since 1997.
  
  About  Comdisco  Comdisco   (www.comdisco.com)   provides   technology  services
  worldwide   to   help   its   customers   maximize   technology   functionality,
  predictability  and  availability,  while  freeing them from the  complexity  of
  managing their technology. The Rosemont, (IL) company offers a complete suite of
  information  technology  services  including  business  continuity,  managed web
  hosting, storage and IT Control and Predictability Solutions SM. Comdisco offers
  leasing to key vertical industries,  including  semiconductor  manufacturing and
  electronic    assembly,    healthcare,    telecommunications,    pharmaceutical,
  biotechnology  and  manufacturing.   Through  its  Ventures  division,  Comdisco
  provides  equipment  leasing and other financing and services to venture capital
  backed companies. Safe Harbor The foregoing contains forward-looking  statements
  regarding  Comdisco.  They reflect the  company's  current views with respect to
  current   events  and  financial   performance,   are  subject  to  many  risks,
  uncertainties  and factors  relating to the  company's  operations  and business
  environment  which may cause the actual  results of the company to be materially
  different from any future  results,  express or implied by such  forward-looking
  statements.  The company intends that such forward-looking statements be subject
  to the Safe Harbor  created by Section 27(a) of the  Securities  Act of 1933 and
  Section 21E of the  Securities  and Exchange Act of 1934.  The words and phrases
  "expect,"   "estimate,"  and  "anticipate"  and  similar  expressions   identify
  forward-looking  statements.  Certain factors that could cause actual results to
  differ materially from these  forward-looking  statements  include,  but are not
  limited to, the following:  Adjustments  arising in the course of completing the
  analysis of information  with respect to the review of the company's  businesses
  and  evaluation  of  impairment  charges;  continuing  volatility  in the equity
  markets,  which can affect the  availability of credit and other funding sources
  to the high technology sector companies in the Ventures portfolio,  resulting in
  the inability of those companies to satisfy their obligations in a timely manner
  and an  increase  in bad debt  experience  beyond  current  reserves;  continued
  consolidation in the  telecommunications  industry and curtailment of the growth
  plans of the  remaining  companies in that  sector,  which could result in fewer
  buyers and reduced prices for available Prism assets, and a further reduction in
  the proceeds  actually  received from the sale of those assets compared to prior
  estimates  and an  increase  in the  losses  associated  with  the  discontinued
  operation.  Other risk factors are listed from time to time in the company's SEC
  reports,  including, but not limited to, the report on Form 10-Q for the quarter
  ended March 31, 2001.  Comdisco  disclaims any intention or obligation to update
  or revise any forward-looking statements whether as a result of new information,
  future events or otherwise.
  
                                                                COMDISCO, INC.
  
  Date: July 20, 2001                                   by:    /s/Michael A. Fazio
                                                                ------------------
                                                           Chief Financial Officer