Oscar (or Just Oscar Mayer?) Will the talking pig take home a statuette? Will there be any Rob Lowe musical debacles or Sally Field acceptance-speech disasters? Find out at "Oscar Night at the EXIT," a big-screen-TV Academy Awards shindig. Complete with food and drinks, the event raises funds for the 1996 S.F. Fringe Festival, which hopes to present 220 performances by 50 theater groups this September, making your beloved calendar editor's life a living hell. The party lasts 5 to 10 p.m. at EXIT Theatre, 156 Eddy, S.F. Tickets are $5; call 931-1094.
Grandmaster Swell Mel They call him the Velvet Fog. He's Mel Torme, and he brings his dulcet tones and suave style to Coconut Grove's "First Anniversary Gala." Cami Thompson is the opening act at the swank affair; there are two performances at 7 and 10 p.m. at 1415 Van Ness, S.F. Tickets are a mere $175 (includes chow); call 776-1616.