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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Street Walker who wrote (3100)	12/15/1998 9:38:00 AM
From: Tim Luke	Read Replies (3) \| Respond to of 90042

my pick is CYOE...do your DD and check out yesterday's press. cramer in the hot seat again

To: Street Walker who wrote (3100)	12/15/1998 9:42:00 AM
From: redbird	Read Replies (2) \| Respond to of 90042

DD on CYOE: -- Coyote Network/SEC -4: TheStreet.Com Stands By Story -- Dave Kansas, Editor-in-chief of TheStreet.com, reiterated that the online publication stands by its story. TheStreet.com had reported last week that after a lengthy search, including a pursuit of tax records, business licenses and a search of the building where the company's headquarters are listed, it was unable to locate Crescent Communications Inc., which provided the bulk of Coyote Networks' revenue for the second quarter ended Sept. 30. Coyote's stock price plummeted 45% Wednesday on very heavy volume following the report. Kansas also pointed out that popular columnist James J. Cramer has no say over editorial decisions at TheStreet.Com. Coyote in a press release Monday invited Cramer to meet with Coyote executives in Texas so Coyote could demonstrate progress on its strategic plan and enable Cramer to visit a construction site where Crescent's telecommunications equipment would be loacted. Coyote Network Systems added 1 1/8 , or 17%, to 7 11/16. The Calabasas, Calif., telecommunications-equipment company said it asked the Securities and Exchange Commission to investigate recent trading in its stock and determine whether there has been any market manipulation or other potential illegal activity. The company cited the reaction to articles published by theStreet.com Dec. 9, which it said were "incomplete and misleading." TheStreet.com's editor, Dave Kansas, said the online publication stands by its articles.