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Technology Stocks : AremisSoft Corporation (AREM) -- Ignore unavailable to you. Want to Upgrade?

To: Ben Wa who wrote (483)	7/1/2001 9:58:07 PM
From: Kevin Podsiadlik	Read Replies (2) \| Respond to of 683

maybe AREM is the first to think of it. Well then maybe we ought to think of the greater consequences of all of this. Are you prepared for a stock market where every stock, every scam stock in particular, is granted dominion over its short interest in this manner? Where the major short-selling houses of this country are "shown the error of their ways", so to speak, and close up shop one by one? The last time a major short seller capitulated the Nasdaq was at 5000. I think we know what happened after that. Can you even imagine what would happen if ALL of them were driven out of the game at once? If your goal was to create a liquidity crisis in the stock markets that'd be pretty much the way to go about it. And needless to say, that would make a market disaster pretty much a matter of 'when' rather than 'if'. I'm not trying to be an alarmist. I'm only taking this seriously because everyone else here seems to be. And I'm just trying to take the assumption that "it's just as simple as that" to its logical conclusion. So someone please tell me the flaw in my logic in the above paragraph (barring the original premise being faulty). Because that's a scenario where nobody wins.

To: Ben Wa who wrote (483)	7/2/2001 11:10:25 AM
From: Bob Rudd	Read Replies (2) \| Respond to 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].