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To: James Clarke who wrote (2711)12/10/1997 12:26:00 AM
From: jeffbas  Respond to of 78567
 
Not having debt does not prevent OXHP from going bankrupt. Increasing liabilities for unpaid claims like they did today has the same effect on the balance sheet as adding short term debt due within a few months. However, even with the latest hit they may have enough working capital to get by.