SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (28963)4/10/1999 5:51:00 PM
From: StockDung  Respond to of 122087
 
These are the shares Andreini ex v.p to the president of Comdisco had control of. If the 13g that was filed 4/5/98 had been filed to him resigning he would have to had included it in his filing. The latest 13g filing made no note of this material fact. It only stated in the filing he had control of the Comdisco shares but as of 1/11/99 he no longer controlled them shares. We would have seen when the Comdisco shares were acquired, when, how much and in what lots. We could have compared all trades in the accounts Andreini controlled and seen who was front running who.

This is from Comdisco's 13 g filing;
Comdisco acquired 519,900 shares of Coyote Common Stock through open
market purchases effected on The NASDAQ Stock Market from time to time beginning
in March, 1998 ("Purchased Coyote Shares"). After giving effect to the sale of
14,500 of the Purchased Coyote Shares on December 7, 1998, as of the date of
this Schedule 13G. Comdisco beneficially owns 515,400 Purchased Coyote Shares.
Based on the number of shares of issued and outstanding Coyote Common Stock from
time to time reported during this period by Coyote in its filings with the
Commission, at no time did the Purchased Coyote Shares exceed 5% of the issued
and outstanding Coyote Common Stock.

However, in making its determination as to its beneficial ownership of
Coyote Common Stock, Comdisco inadvertently failed to include 193,000 shares of
Coyote Common Stock which it obtained the right to acquire pursuant to certain
warrants (the "Warrants") which were acquired by Comdisco in connection with
certain equipment financing transactions among Comdisco and Coyote, and Coyote's
customers. As a result of the Warrants, Comdisco became the beneficial owner of
an aggregate of 193,000 shares of Coyote Common Stock ("Warrant Shares") on the
following dates: 40,750 shares on March 26, 1998, 78,750 shares on June 26, 1998
and 73,500 shares on September 30, 1998. The Warrants have not been exercised to
date by Comdisco.

After taking into account its beneficial ownership of the Warrant
Shares, Comdisco acquired beneficial ownership of 5% of Coyote Common Stock on
June 26, 1998 when it obtained the right to acquire 78,750 Warrant Shares,
giving it 5.68% of issued and outstanding Coyote Common Stock as of that date
(treating the Warrant Shares as issued and outstanding as required by Rule 13d-3
of the Securities Exchange Act). Since that date, Comdisco has acquired
additional shares of Coyote Common Stock (including the right to acquire an
additional 73,500 Warrant Shares) resulting in its current beneficial ownership
of 6.6% of the issued and outstanding Coyote Common Stock.

Item 5. Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following [ ].

Item 6. Ownership of More than Five Percent on Behalf of Another Person

Not applicable

Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company

Not applicable

Item 8. Identification and Classification of Members of the Group

Not applicable

-5-

Item 9. Notice of Dissolution of Group

Not applicable

Item 10. Certification

By signing below the undersigned certifies that, to the best of its
knowledge and belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired in connection with
or as a participant in any transaction having such purpose or effect.

Signature

After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.

Date: January 12, 1999

COMDISCO, INC.

By:
Name: /s/Philip A. Hewes
Title: Senior Vice President and
Secretary

--------------------------------------------------------------------------------



To: StockDung who wrote (28963)4/10/1999 6:27:00 PM
From: StockDung  Read Replies (3) | Respond to of 122087
 
Comdisco filed their 13g on CYE a day before Andreini resigned on 1/12/99. This covered up Andreini's control of Comdisco's CYOE shares and the ones in the latest filing by Andrieni. How many shares did Andreini control prior to 1/12/99 you ask?

1,107,506 (10.5%)in his latest filing on 4/5/99
519,900 comdisco purchased in open market since 5/98
- 14,500 comdisco sold on 12/7/98
40,750 warrants owned by Comdisco 3/26/98
78,750 warrants owned by Comdisco 6/26/98
73,500 warrants owned by Comdisco 9/30/98
(6.6%)

Total control prior to 1/12/98 1,805,906 (17.1%)

Please note the three warrant transactions were because of the Crescant Communications lease ( Eugene Curcio the P.O. Box man), another for Apollo Telecom ( We had the UCC filing on that one) and another lease deal ( undetermined but I think it was Dakota Carrier Services DCS 30 million dollar deal.)

Also consider that 92% of the sales in the third quarter for cyoe were because of Comdisco's lease purchases ( Which Edward Beeman refused to sign 10K and was fired on 11/13/98 because he wanted to have CYOE make a note of it in 10K) Then we have one of the best cover up market manipulations of all time.

Remember, I get the book and movie rights. Going to call it "The Dirty Diana"

floyd