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Technology Stocks : CYOE / Diana Corp. Why has the SEC not halted this pig? -- Ignore unavailable to you. Want to Upgrade?

To: Q. who wrote (55)	3/3/1999 1:48:00 AM
From: Richard Miller	Read Replies (1) \| Respond to of 242

At .61 per share how close are they to being delisted? I don't believe NASDAQ includes intangibles in their calculations. Richard

To: Q. who wrote (55)	3/3/1999 2:41:00 AM
From: TheLineMan	Read Replies (1) \| Respond to of 242

The scary thing with this stock is that if the management are not involved in a scheme to defraud stockholders - the only assumption that I can make is that they are fiscally irresponsible. As far as I can see it is one or the other. If Nasdaq chooses the latter as an explanation - and is still willing to allow the company to trade on the NASDAQ - well what can you say? It's beyond me! Even if NASDAQ doesn't care about their business practices they will have to delist CYOE without a cash infusion within the next 2 quarters (by their own rules). CYOE is in a catch 22 situation, the only way they can preserve capital is by ceasing sell their equipment or finding a sucker to underwrite the sale. Besides I doubt Newbridge will be prepared to ship them anything in the future without a cash deposit.