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

To: Amit Ghate who wrote (26255)	4/1/1999 12:52:00 PM
From: Mama Bear	Respond to of 122087

To: Amit Ghate who wrote (26255)	4/1/1999 12:57:00 PM
From: StockDung	Read Replies (2) \| Respond to of 122087

The scam continues, CYOE gives up front equity position so the companies can put a down payment and lease CYOE's equipment. Prinvest will be the next Comdisco. hahahaha The new manufacter your sales and earnings accounting method. DOWN PAYMENT MONEY; "Coyote Network Systems announced it had signed a letter of intent to acquire a 19% equity position in DTA Communications Networks." Thursday April 1, 12:37 PM (EST) PRINVEST TO FINANCE $7.4 MILLION IN NEW EQUIPMENT & SERVICE ORDERS for Two Coyote Network Systems' Customers WESTLAKE VILLAGE, Calif., April 1 /PRNewswire/ -- Coyote Network Systems (Nasdaq: CYOE) today announced that PrinVest Corporation has agreed to provide $7.4 million in new equipment and service financing to DTA/I:COMM Networks LLC and BD Communications Ltd. The financing arrangement covers four Coyote DSS Switches and related OEM equipment to support international long distance services. About DTA/I:COMM Networks LLC Located in Villa Park, IL, DTA/I:COMM Networks LLC is a newly established joint venture entity that plans to provide international long distance services, primarily to Mexico and selected Caribbean countries. DTA/I:COMM Networks is comprised of DTA Communications Network, located in Villa Park, IL, and I:COMM Networks, located in San Antonio, TX. In October 1998, Coyote Network Systems announced it had signed a letter of intent to acquire a 19% equity position in DTA Communications Networks. As a result of the formation of DTA/I:COMM Networks, DTA and Coyote have now agreed to put their discussions on hold indefinitely. About BD Communications BD Communications, Ltd., a New York-based company, is a spinoff of T&T Dyno-Services Corp. which was founded in 1985. Initially, the company focused on providing turnkey solutions to the publishing and printing industry. BD Communications Ltd. will provide its clients with voice, video and Internet services. About Coyote Network Systems Based in Westlake Village, CA, Coyote Network Systems provides telecom equipment, international long distance services and network integration support services. 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 -0- 04/01/99 /CONTACT: Tony Squeglia of Coyote Network Systems, 818-735-5385, A.Squeglia@cyoe.com/ /Web site: cyoe.com (CYOE) CO: Coyote Network Systems; PrinVest Corporation; DTA/I:COMM Networks LLC; BD Communications, Ltd. ST: California, Texas, New York, Illinois IN: CPR FIN TLS SU: FNC