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Non-Tech : JB Oxford, Lombard, Etrade

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To: Jim S who wrote (350)8/20/1997 12:25:00 PM
From: Martin Wormser   of 396
 
Started trading and down to $1. One more loser for the IRS. martin

Note to JB last night:

JB, I have had an account with you for 2 years and have been very happy.

COULD YOU PLEASE TELL US WHAT IS GOING ON????? ARE YOU
GOING UNDER?
BANKRUPCY? WHAT ABOUT OUR ACCOUNTS AND CASH?

Martin Wormser

Answer:

August 20, 1997

Dear Sir:

Thank you for your email.

JB Oxford is cooperating with federal authorities, who took
possession of a quantity of documents that will not impact continued day-to-day operations of the company. We are conducting business as usual.

J Barry
JB Oxford and Co.
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