Total cash decreased because of purchase of Marketable Securities (which increased by about $27K over the prior report):
RE: Corporate Filings show the following:
Total cash and equivalents decreased from over 52 million to less than 22 million in the preceding 12 month period
(Check the financials at the company's website:)
ccbn.secinfo.com.
At August 31, 2000 and February 24, 2001, the Company's cash, cash equivalents
and marketable securities consisted of the following:
· Download Table
August 31, February 24,
2000 2001
---- ----
Cash and Cash Equivalents:
Cash .................................. $42,211,172 $21,115,572
Debt securities ....................... 9,900,000 501,032
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Total cash and cash equivalents $52,111,172 $21,616,604
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Marketable Securities:
Short-term securities ................. $22,348,841 $40,422,234
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Long-term securities .................. 1,224,184 9,584,205
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Total marketable securities ... $23,573,025 $50,006,439
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The Company has $200,000 in restricted cash in connection with certain long-term
obligations (see Note 8). |
