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Technology Stocks : AremisSoft Corporation (AREM)
AREM 0.10000.0%Aug 17 5:00 PM EST
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To: Bob Rudd who wrote (152)5/17/2001 9:01:03 AM
From: Dale Baker  Read Replies (1) of 683
 
I don't trust anything written in the Balkan press - most are incompetent amateurs and many have their own agenda. You can't trust the facts or the spin.

But the key for me is AREM already booked $7 million in items they call related to this contract. Sounds like a giant misunderstanding but what was part of the contract or not, which TSCM spun into a stupid story about "foreign fraud".

As long as AREM was paid for a real invoice, it's kosher. But it will take some time for the traders to be done with AREM and the enterprise value to be priced in again.
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