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 1994
  Date of Earliest Event Reported
  
  
  
  COMDISCO, INC.
  (a Delaware Corporation)
  6111 North River Road
  Rosemont, Illinois 60018
  Telephone  (708) 698-3000
  Commission file number 1-7725
  I.R.S. Employer Identification Number 36-2687938
  
  
  
  
  
  
  <PAGE>
  Item 5.        Other Events
  
  On July 20, 1994, the Board of Directors of Comdisco, Inc. announced that
  Jack Slevin, 57, has been named President and Chief Executive Officer of
  Comdisco, Inc., succeeding Kenneth N. Pontikes who died on June 24, 1994.
  Slevin had been Chief Operating Officer since January, 1994 and a member
  of the Office of the President since March, 1992.
  
  
  Item 7.        Financial Statements and  Exhibits
  
  (c).           Exhibits
  
  21.            Consolidated Statements of Earnings for the Three and
                 Nine Months Ended June 30, 1994 and 1993 (unaudited)
  <PAGE>
  
  
  SIGNATURES
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  registrant has duly caused this Current Report on Form 8-K to be signed
  on its behalf by the undersigned hereunto duly authorized.
  
  
                                               COMDISCO, INC.
  
  
  
  Date: July 28, 1994                          by:                               
                                                  John J. Vosicky
                                                  Executive Vice President,
                                                  Chief Financial Officer
                                                  and Treasurer
  
  
  
  
  <PAGE>
  Comdisco, Inc. and Subsidiaries
  Consolidated Statements of Earnings
  For the Three and Nine Months Ended June 30, 1994 and 1993
  (Dollars in millions except per share data)
                                                                    
                                        Three months             Nine months
                                           ended                    ended
                                          June 30,                 June 30,   
                                       1994       1993         1994       1993
  Revenue                                                       
   Leasing
    Operating                         $ 244      $ 269       $  760     $  832 
    Direct financing                     46         47          139        144 
    Sales-type                           74         70          255        212 
     Total leasing                      364        386        1,154      1,188 
   
  Sales                                  64         60          207        232 
  Disaster recovery                      60         55          178        161 
  Other                                  26         12           40         33 
    Total revenue                       514        513        1,579      1,614 
  
  Costs and expenses
  Leasing
    Operating                           181        197          564        619 
    Sales-type                           51         55          194        165 
     Total leasing                      232        252          758        784 
  
  Sales                                  53         50          171        203 
  Disaster recovery                      55         53          166        153 
  Selling, general and administrative    60         50          157        147 
  Litigation charge                      10          -           10          - 
  Interest                               64         71          198        221 
    Total costs and expenses            474        476        1,460      1,508 
  
  Earnings before income taxes and
   cumulative effect of change in 
   accounting principle                  40         37          119        106 
  Income taxes                           16         14           48         42 
  Earnings before cumulative
   effect of change in accounting
   principle                             24         23           71         64 
  Cumulative effect of change in 
  accounting principle                    -          -            -         20 
  Net earnings before preferred
   dividends                             24         23           71         84 
  Preferred dividends                    (2)        (2)          (6)        (5)
  Net earnings available to 
   common stockholders               $   22     $   21       $   65     $   79 
  
  Retained earnings at beginning 
  of period                          $  686      $ 634        $ 650   $    582 
  Net earnings available to 
  common stockholders                    22         21           65         79 
  Cash dividends paid on 
  common stock                           (3)        (3)         (10)        (9)
  Retained earnings at end of period $  705     $  652       $  705     $  652 
  
  Net earnings per common and
   common equivalent share:
    Earnings from continuing
    operations                       $ 0.57     $ 0.50       $ 1.66      $1.44 
    Cumulative effect of change 
    in accounting principle               -          -            -       0.49 
     Net earnings available to 
     common stockholders             $ 0.57     $ 0.50       $ 1.66     $ 1.93 
   
  Common and common equivalent
   shares outstanding                    38         40           39         41 
  
  
  * Included in the third quarter financials is a one-time adjustment for 
    key-man life insurance proceeds of $20 million.  This adjustment increased 
    "other" revenue by $20 million.  The $20 million revenue effect is offset
    through the establishment of a $10 million litigation expense reserve, and
    a contribution of $10 million to the Comdisco Foundation.  The $10 million 
    foundation contribution is included in selling, general and administrative
    expenses and the litigation expense reserve is a separate line item 
    (litigation charge) on the income statement.
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metadata_filer: {"company-data": {"conformed-name": "COMDISCO INC", "cik": "0000722487", "assigned-sic": "7377", "irs-number": "362687938", "state-of-incorporation": "DE", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-07725", "film-number": "94540445"}, "business-address": {"street1": "6111 N RIVER RD", "city": "ROSEMONT", "state": "IL", "zip": "60018", "phone": "7086983000"}, "mail-address": {"street1": "6111 NOTH RIVER ROAD", "city": "ROSEMONT", "state": "IL", "zip": "60018"}}
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 1994
  Date of Earliest Event Reported
  
  COMDISCO, INC.
  (a Delaware Corporation)
  6111 North River Road
  Rosemont, Illinois 60018
  Telephone  (708) 698-3000
  Commission file number 1-7725
  I.R.S. Employer Identification Number 36-2687938
  Item 5.        Other Events
  
  On July 20, 1994, the Board of Directors of Comdisco, Inc. announced that
  Jack Slevin, 57, has been named President and Chief Executive Officer of
  Comdisco, Inc., succeeding Kenneth N. Pontikes who died on June 24, 1994.
  Slevin had been Chief Operating Officer since January, 1994 and a member
  of the Office of the President since March, 1992.
  
  Item 7.        Financial Statements and  Exhibits
  
  (c).           Exhibits
  
  21.            Consolidated Statements of Earnings for the Three and
                 Nine Months Ended June 30, 1994 and 1993 (unaudited)
  SIGNATURES
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  registrant has duly caused this Current Report on Form 8-K to be signed
  on its behalf by the undersigned hereunto duly authorized.
  
                                               COMDISCO, INC.
  
  Date: July 28, 1994                          by:                               
                                                  John J. Vosicky
                                                  Executive Vice President,
                                                  Chief Financial Officer
                                                  and Treasurer
  Comdisco, Inc. and Subsidiaries
  Consolidated Statements of Earnings
  For the Three and Nine Months Ended June 30, 1994 and 1993
  (Dollars in millions except per share data)
                                                                    
                                        Three months             Nine months
                                           ended                    ended
                                          June 30,                 June 30,   
                                       1994       1993         1994       1993
  Revenue                                                       
   Leasing
    Operating                         $ 244      $ 269       $  760     $  832 
    Direct financing                     46         47          139        144 
    Sales-type                           74         70          255        212 
     Total leasing                      364        386        1,154      1,188 
   
  Sales                                  64         60          207        232 
  Disaster recovery                      60         55          178        161 
  Other                                  26         12           40         33 
    Total revenue                       514        513        1,579      1,614 
  
  Costs and expenses
  Leasing
    Operating                           181        197          564        619 
    Sales-type                           51         55          194        165 
     Total leasing                      232        252          758        784 
  
  Sales                                  53         50          171        203 
  Disaster recovery                      55         53          166        153 
  Selling, general and administrative    60         50          157        147 
  Litigation charge                      10          -           10          - 
  Interest                               64         71          198        221 
    Total costs and expenses            474        476        1,460      1,508 
  
  Earnings before income taxes and
   cumulative effect of change in 
   accounting principle                  40         37          119        106 
  Income taxes                           16         14           48         42 
  Earnings before cumulative
   effect of change in accounting
   principle                             24         23           71         64 
  Cumulative effect of change in 
  accounting principle                    -          -            -         20 
  Net earnings before preferred
   dividends                             24         23           71         84 
  Preferred dividends                    (2)        (2)          (6)        (5)
  Net earnings available to 
   common stockholders               $   22     $   21       $   65     $   79 
  
  Retained earnings at beginning 
  of period                          $  686      $ 634        $ 650   $    582 
  Net earnings available to 
  common stockholders                    22         21           65         79 
  Cash dividends paid on 
  common stock                           (3)        (3)         (10)        (9)
  Retained earnings at end of period $  705     $  652       $  705     $  652 
  
  Net earnings per common and
   common equivalent share:
    Earnings from continuing
    operations                       $ 0.57     $ 0.50       $ 1.66      $1.44 
    Cumulative effect of change 
    in accounting principle               -          -            -       0.49 
     Net earnings available to 
     common stockholders             $ 0.57     $ 0.50       $ 1.66     $ 1.93 
   
  Common and common equivalent
   shares outstanding                    38         40           39         41 
  
  * Included in the third quarter financials is a one-time adjustment for 
    key-man life insurance proceeds of $20 million.  This adjustment increased 
    "other" revenue by $20 million.  The $20 million revenue effect is offset
    through the establishment of a $10 million litigation expense reserve, and
    a contribution of $10 million to the Comdisco Foundation.  The $10 million 
    foundation contribution is included in selling, general and administrative
    expenses and the litigation expense reserve is a separate line item 
    (litigation charge) on the income statement.