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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (1531)	6/15/2001 2:29:05 PM
From: Jeff Jordan	Respond to of 26752

optimism for a nice close has vanished....Death to the triple witch a new dawn begins Monday.... This market isn't far from hitting serious support!...no matter what the current sentiment is<g> I pray we aren't frozen in this trading range until August!...large downside action will be irrational...maybe 200pts max on compx...dow 10K?..eitherway...may be nuts...corrective wave 5 is about over IMO,,,sm holding is wise and adding into the summer

To: Frederick Langford who wrote (1531)	6/15/2001 2:42:40 PM
From: Connor26	Respond to of 26752

this is very interesting...14:34 ET Aremissoft (AREM) 13.61 +0.96 (+7.8%): -- Update -- Upon the resumption of trading, stock spiked to an intraday high of $15.45. Investors emboldened by news of the increased share buyback. However, more significant is the recapitalization the company is attempting. If successful could potentially create a major squeeze in this heavily shorted stock. According to company, once recapitalization is approved by the shareholders and approved for trading, all common stock share certificates will be promptly recalled by the transfer agent, meaning that shorts will be called in on the stock... One thing is for certain, this gambit is certain to keep the company in the spotlight. Question is, will this recapitalization go off without a hitch?