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


To: Bear Down who wrote (118)2/18/1999 12:00:00 PM
From: Q.  Respond to of 360
 
TheStreet.com's reporter Kevin Petrie did a story today on the 10Q. They listed the investigations, the cash liquidity problems, and one thing that I had overlooked -- the need to come up with $3.5 M cash by March 18 to make the initial payment on the purchase of a co. called Systeam. The co. didn't respond to his requests for comments.

Here's a link to the story (might require a subscription, I'm not sure):

thestreet.com



To: Bear Down who wrote (118)2/18/1999 12:03:00 PM
From: Q.  Read Replies (1) | Respond to of 360
 
Stock is down to 4 1/2, but there's still room to fall with a market cap that is still much too high at $45 M and severe liquidity problems that can be satisfied only by diluting the stock.