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Technology Stocks : AremisSoft Corporation (AREM)
AREM 0.10000.0%Aug 17 5:00 PM EST
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To: Ben Wa who wrote (483)7/2/2001 11:10:25 AM
From: Bob Rudd  Read Replies (2) of 683
 
Ben Wa: Another reason companies with more fraudulent aspects might not engage in this strategy is that they fear the increased scrutiny. AREM has been in the spotlight and they are unconcerned if this raises their visibility with regulators because they're not doing anything wrong.
The contingent nature of the Bulgarian contract was spelled out in the 10k. The accounting is conservative compared to most software companies [Which is why the quarter isn't at risk up to the last day].
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