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

To: Rajiv who wrote (23955)	3/25/1999 9:04:00 AM
From: Anthony@Pacific	Read Replies (2) \| Respond to of 122087

The public doesnt read press properly and they buy into the crap..every time..waiting for the volume to spin..

To: Rajiv who wrote (23955)	3/25/1999 9:05:00 AM
From: Bob Biersack	Respond to of 122087

CYOE......Admits no money yet!! biz.yahoo.com

To: Rajiv who wrote (23955)	3/25/1999 9:05:00 AM
From: steviee	Respond to of 122087

CYOE news--Home - Yahoo! - Help [ Business \| US Market \| By Industry \| IPO \| AP \| S&P \| International \| PRNews \| BizWire ] Related Quotes CYOE 0 +0 delayed 20 mins - disclaimer Thursday March 25, 8:29 am Eastern Time Company Press Release SOURCE: Coyote Network Systems, Inc. Coyote Network Systems Updates Systeam Acquisition WESTLAKE VILLAGE, Calif., March 25 /PRNewswire/ -- Coyote Network Systems, Inc. (Nasdaq: CYOE - news) today announced that Systeam S.p.A. has agreed to extend to March 29 the date by which Coyote could increase its equity position in Systeam. Under the terms of the revised agreement, Coyote now has the option to either increase its equity position from 9% to approximately 15% for $1.5 million, or to increase such position to 60% by making an investment of $5 million and 880,000 shares of Coyote common stock. The Company plans to finance the acquisition with the proceeds of its loan commitment; however, such proceeds have not yet been received and there can be no assurance that they will be received. About Coyote Network Systems Based in Westlake Village, CA, Coyote Network Systems provides telecom equipment and international long distance services. Based in Richardson, TX, Coyote Technologies provides scalable Class 4/5 telecom switches and IP (Internet Protocol) gateway systems. Based in Atlanta, GA, Coyote Communications Services provides service and network operations support to Coyote customers. Based in Houston, TX, American Gateway Telecommunications provides international long distance services to carriers. Based in Los Angeles, CA, INET Interactive Network System markets international long distance services, primarily to affinity groups. Coyote and Profitec recently formed TelecomAlliance, a joint venture designed to enhance the growth of up to 30 switchless resellers. TelecomAlliance will manage an IP-based network that combines voice and data services, as well as backroom services, such as billing, customer service and service provisioning. Coyote is authorized to provide competitive local exchange carrier services in California. For more information, please visit the Company's Web site: cyoe.com, or call 1-818-735-5385. The statements in this news release may be considered ''forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to be materially different from any future performance suggested in this news release. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. For more complete information, please refer to the Company's Form 10-K, Form 10-Q and other filings with the Securities & Exchange Commission. SOURCE: Coyote Network Systems, Inc. More Quotes and News:Coyote Network Systems Inc (Nasdaq:CYOE - news)Related News Categories: telecom Help Copyright © 1999 PRNewswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. See our Important Disclaimers and Legal Information. Questions or Comments?