We present preliminary results of grating observations of YY Mensae and V824 Arae by Chandra and XMM-Newton. Spectral features are presented in the context of the emission measure distributions, the coronal abundances, and plasma electron densities. In particular, we observe a coronal N/C enhancement in YY Men believed to reflect the photospheric composition (CN cycle). Finally, we interpret line broadening in YY Men as Doppler thermal broadening in its very hot corona.