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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: TheLineMan who wrote (128)	4/6/1999 2:34:00 AM
From: TheLineMan	Respond to of 242

As I thought no disclosure of Andreini's relationship with CYOE in their DEF14A. I guess this guy only discloses what he wants to the SEC, and CDO shareholders. That's not very nice. I believe that as a major stockholder of CYOE he is obligated by law to disclose this. freeedgar.com But there is an interesting disclosure regarding InterWorld: Mr. Andreini is Director, President and Chief Executive Officer of InterWorld Corporation. In January, 1998, Comdisco caused a $1,600,000 Letter of Credit to be renewed on behalf of InterWorld for one year ending January, 1999. On October 7, 1998, Comdisco entered into a Loan and Security Agreement with InterWorld Corporation for an $11,000,000 line of credit. As of December 15,1998, $4,000,000 was outstanding under the line of credit, which bears interest at 10%. Comdisco also received approximately $125,000 per quarter in rental payments in fiscal 1998 for computer related equipment leased to InterWorld. Comdisco has also invested a total of $2,225,000 in InterWorld preferred stock representing 3.1% of the outstanding equity in InterWorld, and also holds warrants to purchase additional stock in InterWorld.