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

To: EL KABONG!!! who wrote (531)	7/10/2001 7:40:29 AM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 683

(Info-Quest has since dumped a large chunk of its AremisSoft holdings, with most of the sales in recent weeks. No explanation was given for the sales.) Greenberg later issued a correction on this statement: "AremisSoft update: In Friday's column I mentioned that Info-Quest, a large holder in AremisSoft, did not explain why it was selling shares in AremisSoft. Actually, as one reader (one of many hostile readers) pointed out, Info-Quest did issue a press release on its Web site. (Not the easiest press release to find!) A key reason for the sale, Info-Quest said, was AremisSoft's goal to acquire Info-Quest rival GlobalSoft, "which reduces the growth of synergies between Info-Quest and AremisSoft." But what happens now that AremisSoft says it's not acquiring GlobalSoft? No press release on that deal's demise! And Info-Quest filed to sell more AremisSoft shares after the deal was dashed." P. S. Greenberg also made a side comment about the odd format of AREM's "conference call" -- essentially reading a prepared text and taking no questions. Wouldn't it be a lot less expensive to, say, post the exchange instructions and whatever else they have to say on their own and/or Jacobs' website?