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


To: Kevin Podsiadlik who wrote (484)7/1/2001 10:12:28 PM
From: Gordon Foster  Respond to of 683
 
I think that if arem were really having problems then this recapitalization would
just open them up to more litigation. If they are really cooking the books, wouldn't
this maneuver cause them more problems. Maybe that's why more companies
don't try this.



To: Kevin Podsiadlik who wrote (484)7/2/2001 9:43:57 AM
From: Ben Wa  Read Replies (1) | Respond to of 683
 
I think you are misinterpreting the ramifications of the AREM move. First, I am not sure what you mean by the term "major short-selling houses". Perhaps if you realized that in the short term, prices are determined by emotion, hype, fear, and greed but that in the long run, fundamental value wins out, you would see that this is really no big deal. If in the long run, the funamental value of AREM is $5 as some who claim to be short say it is, then it will go there regardless of the share exchange. If fundamental value is much higher, then the share exchange will only serve to remove the clouds that hide the value and it will tend to go higher. No big deal. It should be apparant from my approach that I do not trade stocks like McDonalds flips hamburgers or like many people do who post things on SI. I prefer to invest, not trade.