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Non-Tech : JB Oxford, Lombard, Etrade

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To: Martin Wormser who wrote ()	9/8/1997 10:56:00 PM
From: Jim S	of 396

To all: I got my monthly statement today, and it included the JBox financial statement. Is anyone else concerned about what's in there? -$1.6 mil in "securities failed to deliver" -$3.9 mil "allowance for UNCOLLECTABLE receivables" -borrowed money collateralized by: --JBox securities $1.5 mil --CUSTOMER securities $7.03 mil -$5.6 mil in "bank overdraft" -$2 mil in "liabilities subordinated to claims of general creditors" Folks, I'm no accountant, and I admit most of what goes into a financial statement is Greek to me, but does this sound normal? Good trading, jim

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