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


To: Parnell who wrote (24830)3/28/1999 7:33:00 PM
From: StockDung  Read Replies (1) | Respond to of 122087
 
We are going to hurt CYOE by making them tell the truth. CYOE does not like telling the truth. Its just one big stock laundering game. How many other deals is Comdisco involved in where they purchased the equipment from CYOE and they leased it out. Everyone knows about the Eugene Curcio deal. Now we have Apollo Telecom. A company that CYOE is buying. CYOE is getting their own equipment back when the deal goes through. Why would they do that? They know their equipment sucks.

Coyote Network Systems Received a Commitment for a $10 Million Loan
PR Newswire - February 19, 1999 07:45

WESTLAKE VILLAGE, Calif., Feb. 18 /PRNewswire/ -- Coyote Network Systems, Inc. (Nasdaq: CYOE) today announced it received a commitment for a $10 million loan. Terms of the loan include an 8% interest rate on a five-year term, with principal due at maturity. The loan is not convertible into shares of common stock and no warrants were issued. The net proceeds, after fees and first year interest, are to be used for working capital and to fund the Systeam S.p.A. and Apollo Telecom acquisitions.