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

To: Bob Rudd who wrote (489)	7/2/2001 11:58:44 AM
From: Ben Wa	Read Replies (1) \| Respond to of 683

subscription based accounting has helped slash the eps of firms like acxm when they moved to it vs. the previous method of recognizing revenues for contracts all up front. My understanding of arem is that they have subscription based accounting which is a conservative method of revenue recognition. Regarding Bulgaria - you can probably receive 10 opinions on the modernization of the health care system if you ask 5 beaurocrats.

To: Bob Rudd who wrote (489)	7/2/2001 1:50:54 PM
From: Kevin Podsiadlik	Read Replies (3) \| Respond to of 683

Another reason companies with more fraudulent aspects might not engage in this strategy is that they fear the increased scrutiny. Except that it's the contention of the longs here that "scrutiny" is not allowed to enter into the picture, that the SEC's job is to just do a routine disclosure check and otherwise rubber-stamp the thing through. At any rate, never underestimate the chutzpah of a company committing fraud. See the rather amazing details of the latest to sue A@P, for example.