AremisSoft Corporation (AREM) Message Board

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Technology Stocks : AremisSoft Corporation (AREM)

AREM 0.1000

0.0%

Aug 17 5:00 PM EST

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To: Sir Auric Goldfinger who wrote (556)	7/17/2001 10:34:16 AM
From: Bob Rudd	Read Replies (2) of 683

AG I'd agree with the jist of the article that companies that devote excessive efforts to combating short sellers often tend to be empty promotes. But these are usually confirmatory indications - the whip cream on top of lousy fundamentals -0 earnings, just promises instead of a real business, aggressive accounting. The closest thing we have to a fundamental issue is the Bulgaria controversy. But the bottom line there is that the risk is disclosed in the filings as a contingency and the share price more than discounts a negative outcome. In taking the combative style of AREM management to be 'evidence' of a pervasive fraud, shorts may have missed the potential for cultural differences affect responses. I've looked at a lot of potential shorts and this just makes no sense from a risk-reward perspective. I'd sooner hunt bears with a switch.

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