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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (14337)	2/24/1999 4:18:00 PM
From: jjs_ynot	Read Replies (2) \| Respond to of 122087

Wouldn't receipt of the money be contingent on demonstrating the quality of the receivables which are questionable at best?

To: StockDung who wrote (14337)	2/24/1999 4:21:00 PM
From: R. L. Chapin	Respond to of 122087

nevermind. I reread your post.

To: StockDung who wrote (14337)	2/24/1999 4:26:00 PM
From: Art M	Read Replies (1) \| Respond to of 122087

CYOE - Per the announcment the financing will be done on a case by case basis. Ergo, if ATT wants to buy some switches, then fine. On the other hand if Crescent Communications wants to buy some switches, then one would assume that the loan would be a recourse loan, backed by the assets of the purchaser, not on the equipment itself: Coyote Network Systems, Inc. (Nasdaq: CYOE - news) today announced that PrinVest Corporation will provide more than $20 million in lease financing to Coyote customers for the purchase of telecom switching and related equipment and services. Financing for individual Coyote customers will be made on a case-by-case basis, depending on the customer's creditworthiness. Art