SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Earliest Event Reported): December 9, 1997
Exact name of Registrant
as specified in its charter: Coyote Network Systems, Inc.
State or Other Jurisdiction of Incorporation: Delaware
Commission File Number: 1-5486
I.R.S. Employer Identification Number: 36-2448698
Address of Principal Executive Office: 26025 Mureau Road
Calabasas, CA 91302
Registrant's Telephone Number, Including Area Code: (818) 878-7711
Registrant's Former Name: The Diana Corporation
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
(b) New independent accountants
The Registrant engaged Arthur Andersen LLP as its new
independent accountants as of December 9, 1997. During the two
most recent fiscal years and through December 9, 1997 the
Registrant (or someone on its behalf) has not consulted with Arthur
Andersen LLP regarding (1) the application of accounting principles
to a specified transaction, either completed or proposed, or the
type of audit opinion that might be rendered on the Registrant's
financial statements or (2) any matter that was either the subject
matter of a disagreement or a reportable event.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
COYOTE NETWORK SYSTEMS, INC.
(Registrant)
Date: December 11, 1997 /s/ Brian A. Robson
Vice President and Controller
