Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Coyote Network Systems (CYOE), Mixing It Up, IP and ATM -- Ignore unavailable to you. Want to Upgrade?

To: NYBellBoy who wrote (109)	2/16/1999 6:38:00 PM
From: NYBellBoy	Read Replies (1) \| Respond to of 360

Bruce - IMHO, Coyote Financial Statements are horrible. They burned all the cash, they have negative working capital. They sell products to people who don't qualify credit. The deferred sale is more profitable then all their other sales. They have an immediate need to raise funds through debt and equity financing for immediate needs, they don't have the financing to make the payment due for the company they just purchased (Systeam) and they can't pay the preferred dividends of $280,000. This is an accident waiting to happen. This is a job for a floorless convertible. This stock starts tanking tomorrow. :) BellBoy