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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: brent gephart who wrote (25513)	12/10/1998 11:12:00 AM
From: Evan Dimmer	Read Replies (1) of 119973

here's the answer? The Company also reported that at September 30, 1998, it had $1.12 billion in current cash and marketable securities. After giving effect to pro forma capital contributions to its regulated subsidiaries, Oxford had over $200 million in cash and marketable securities at the parent Company. ''Oxford's parent company liquidity is better than we anticipated as a consequence of our operating results and progress on our turnaround plan in the third quarter,'' said Yon Yoon Jorden, Oxford's chief financial officer.

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