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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (21417)7/25/2001 12:23:06 AM
From: puborectalis  Read Replies (1) | Respond to of 30051
 
They bought the lodging software biz of Verso(previously Sulcus Computer)which has always been a laggard.



To: Zeev Hed who wrote (21417)7/25/2001 6:05:16 AM
From: Dale Baker  Respond to of 30051
 
A lot of chaos and confusion was created around AREM by Greenberg and others, and the company responded badly in many ways, compounding the doubt. But no one has ever disproved a penny in reported revenues in their filings, just punched holes in some of the PR's - leaves a strange atmosphere around the stock.

I abandoned a small long position in AREM because I dislike stocks surrounded by pissing matches and zealots (except obvious no-sales scams like ZIXI).

We will see after the next earnings report what their "real" business is bringing through the door. AREM is a daytrader for me from now on.

It's a pity, I had a great ride long ago from 7 to double digits pre-split before anyone had ever heard of AREM. It was a terrific value play then.