1. Evaluate Barron's criticism of Comdisco's accounting and the company's response. Do you agree with the company or Barron's?
2. Compare the level of disclosure in Comdisco's annual reports in the (A) and (B) cases. Do you think the company's poor disclosure prior to 1983 made it vulnerable to the attack by Barron's? Would the market reaction to the Barron's article have been different if the company had a better disclosure policy?
3. Do you think Comdisco's stock in November 1983 was a "buy"?