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Pastimes : Techride -- Ignore unavailable to you. Want to Upgrade?


To: Joana Tides who wrote (3871)9/6/1999 7:27:00 PM
From: faqsnlojiks   Read Replies (2) | Respond to of 7442
 
Hi Joanie and other techriders. As you know, I'm not usually too shy about throwing stock ideas out there, and I see no reason to change now. Carolyn turned me on to AREM (AremisSoft Corporation), and I'm thinking that is one darn good stock to look at. Take a look at this chart:
siliconinvestor.com
purty...ain't it?
In the last week it has moved up from 8 bucks a share to it's current levels of 11+. Nice climb, and I suspect it's not over. While it might take a breather (and it probably will), I'm thinking that there is more fuel in the tank for a continued climb.
The thread is a little bit slow, but there are some quality posters over there that seem to know their stuff:
Subject 27226

There is a neat news story out on AREM that speaks a bit about their growth:
fnews.yahoo.com

And there are a couple of little things that have caught my eye. Insiders are buying:
biz.yahoo.com
and so are the institutions:
marketguide.com
Gotta love that!

Anyway, what we got here is a profitable company with a very reasonable P/E and some recent buying and big-volume days. The P&F chart (which looks alot like CNXT's early chart) says that a little bit of a pullback could be a great buying opportunity. That's what I'd be watching for if I wasn't already in.

I think I've mentioned this one at least one or two other times, and promise not to bug you with it again.

909's,
-Joe