To: Dr. Seuss who wrote (27736 ) 4/8/1999 3:11:00 AM From: Wolff Respond to of 122087
CYOE "blast from the past" from thestreet.com (2 of 3) Forget Waldo, Where's Crescent? By Kevin Petrie Staff Reporter 12/9/98 10:07 AM ET Coyote Network (CYOE:Nasdaq) insists that its largest customer does exist. It is just darn hard to locate. Why is it so hard to verify Crescent Communications' existence? Tony Squeglia, spokesman for Coyote, is flummoxed on this point. Other Stories on Coyote Coyote Insiders Register to Sell Shares Coyote's Mystery Sales Coyote's Small Pack of Followers "I have no idea why you would not have been able to find -- or whomever could not find -- Crescent Communications," Squeglia said Friday morning in a voicemail left for a TSC reporter. He and longtime partner James Fiedler, chief executive of Coyote Network, say they booked roughly $11 million in sales to Crescent Communications this fall and bought a 20% interest in the very same company. "I've been doing some double-checking, and my understanding is they are" at One World Trade Center in Long Beach, Calif., Squeglia says, where Coyote has said the company is based. "I have four phone calls out to different people to find [Crescent Chairman] Gene Curcio," Squeglia said. "I don't know where he is, but I will find him. I give you my word on that and I will get back to you today. "Um, sorry for all of this," Squeglia continued. "I don't understand why it's been this difficult to find him, but he may be in Mexico for all I know." (Coyote claims that Crescent Communications does business in Mexico.) "I will stay on this and I will resolve it today." TSC heard not a peep from Squeglia or anyone else at Coyote on Friday. When contacted again on Monday, Squeglia made no more promises. "I made about six phone calls on Friday," said an exasperated Squeglia. "I finally did get a hold of our salesperson, who says that as far as he knows Gene is traveling. I'm still trying to track him down. I mean, I have calls into him, but I have no answer yet. I will try again today. "My understanding is he does have an office in that building. He does. I don't know what it's listed under, but he does have an office there. Have you called that number? It answers as Crescent Communications, doesn't it? I mean, I called that number myself just to double-check it." This is not very reassuring, and it gets worse. "This is not a figment, I mean, this is, it's a real company. It's a real company doing real business," Squeglia stresses. A TSC reporter noted that he has never had so much trouble locating a company. "Look, I apologize," Squeglia says. "I mean, nor have I. But I will continue to work on it. I can't promise you, because, well, first of all I can't make the commitment for somebody else. All I can do is, you know, try and track him down, and ask him to please call you or get a number where he's at that you can call him at. I will try." TSC is still waiting to hear back.