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To: John Lacelle who wrote (1576)	6/5/2001 11:54:26 AM
From: allen menglin chen	Respond to of 6873

11:11 ET Aremissoft (AREM) 13.34 +0.34 (+2.6%): -- Update -- Trading resumed. 10:49 ET Amgen (AMGN) 70.14 +0.25 (+0.4%): CIBC World Markets sees several expected near-term events to drive share price appreciation; Amgen and its Abarelix development partner, Praecis, are expecting an FDA action letter for Abarelix-M on or before June 12; firm thinks that approval or a type 1 approvable letter (which would result in approval within two to three months) is most likely... Raises price target to $90 (from $70) and reiterates Strong Buy rating. 10:46 ET Aremissoft (AREM) halted: -- Update -- Company issues press release that claims this morning's NY Times article "inaccurately characterized aspects of the Company's business"; AREM stands by its employee count in India, and says that the Times misread a press release regarding contracts with the Indian army -- AREM confirms that the contracts have a value of $500,000 and that any additional revenues from the Indian army are not guaranteed. 11:53 ET Amazon.com (AMZN) 16.29 -0.62 (-3.7%): -- Update -- Merrill Lynch's Henry Blodget comments on AMZN Analyst Day. Company reiterating confidence in Q4 operating profit; Blodget says not new news but good to hear. Management also expressing confidence in full yr 2002 operating profit; Blodget's model already reflects this, but analyst believes this is the first time management has stated this objective publicly.