AremisSoft Corporation (AREM) Message Board

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Technology Stocks : AremisSoft Corporation (AREM)

AREM 0.1000

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Aug 17 5:00 PM EST

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To: Sir Auric Goldfinger who wrote (391)	6/15/2001 1:34:22 PM
From: RockyBalboa	Read Replies (1) of 683

Get up! Arem to open! 6/15/2001 08:43:15 AREM AremisSoft Corporation N T3 6/15/2001 13:40:00 13:45:00 What a joke: A soft reverse split... The Company's Board of Directors also approved today a recapitalization of the Company, subject to shareholder approval and continued listing, where all of the Company's Common Stock will be exchanged for new shares of Class A Common Stock in a ratio equal to one share of new Class A Common Stock for each 1.1 shares of old Common Stock. Looks like they have finally counted the people: The Company also operates a software development and support facilities in India, with approximately 300 employees, which provides significant organizational efficiencies and cost advantages in software development and support.

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