_____________________________
________ |OMB Number 3235-0104|
| | |Expires: September 30, 1998|
| FORM 3 | |Est avg burden hours |
|________| | per response 0.5|
|_____________________________|
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(l) of the Investment Company Act of 1940
<TABLE>
<CAPTION>
<S> <C> <C> <C>
- ---------------------------- --------------------- --------------------------------------------------- ----------------------------
1. Name and Address of 2. Date of Event 4. Issuer Name and Ticker or Trading Symbol
Reporting Person Requiring
Statement Coyote Network Systems, Inc. CYOE (OTC:BB)
Beeman, Edward Allen (Month/Day/Year)
06/01/98
- ----------------------------- --------------------- --------------------------------------------------- ----------------------------
- ----------------------------- --------------------- --------------------------------------------------- ----------------------------
5515 Tanoak Lane, #268 3. IRS Identification 5. Relationship of Reporting Person to Issuer 6. If Amendment, Date of
Number of Report- (Check all applicable) Original(Month/Day/Year)
ing Person, if an _____ Director _____ 10% Owner
entity __X__ Officer (give _____ Other (specify
(Voluntary) title below) below)
Executive Vice President, Chief
Financial Officer and Secretary
- ----------------------------- --------------------- --------------------------------------------------- ----------------------------
- ----------------------------- --------------------- --------------------------------------------------- ----------------------------
Agoura, CA 91301 7. Individual or Joint/
Group Filing (Check
Applicable line)
_X_ Form filed by One
Reporting Person
___ Form filed by more
than One Rpt. Person
- ----------------------------- ---------------------- -------------------------------------------------- ----------------------------
</TABLE>
<TABLE>
- -----------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
Table 1 - Non-Derivative Securities Beneficially Owned
- --------------------------- -------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
- --------------------------- ----------------------------------- -------------------------------- -----------------------------------
1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned (Instr.4) Direct (D) or Indirect (I) Beneficial Ownership (Instr. 5)
(Instr. 5)
- --------------------------- ----------------------------------- -------------------------------- -----------------------------------
- --------------------------- ----------------------------------- -------------------------------- -----------------------------------
NONE N/A N/A N/A
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- --------------------------- ----------------------------------- -------------------------------- -----------------------------------
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</TABLE>
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person,
see Instruction 5(b)(v). SEC 1473 (7/97)
<PAGE>
______
| |
|FORM 3| Table II - Derivative Securities Beneficially Owned
|______| (e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C> <C>
- ----------------------- -------------------- ---------------------------------- ----------------- -------------- -------------------
1. Title of Derivative 2. Date Exercisable 3. Title and Amount of 4. Conversion or 5. Ownership 6. Nature of
Security and Expiration Underlying Exercise Price Form of Indirect
(Instr. 4) Date Derivative of Derivative Derivative Beneficial
(Month/Day/Year) Security Security Security: Ownership
(Instr. 4) Direct (D) (Instr. 5)
or Indirect
(I)
(Instr. 5)
- ------------------------ ------------------- ---------------------------------- ----------------- -------------- -------------------
Date Expir- Amount
Exer- ation Title or
cisable Date Number
of Shares
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</TABLE>
Explanation of Responses:
/s/ EDWARD ALLEN BEEMAN 06/08/98
**Signature of Reporting Person Date
**International misstatements or omissions
of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78 ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
OMB Number. Page 2
SEC 1473 (7/97)
