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

To: Kevin Podsiadlik who wrote (625)	8/2/2001 12:56:23 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 683

maybe they reverse split the stock to preserve the stok price...that is also called "recapitalisation"

To: Kevin Podsiadlik who wrote (625)	8/15/2001 8:00:48 PM
From: LTK007	Read Replies (2) \| Respond to of 683

Bill Fleckenstein's comments on AREM tonight,via www.grantsinvestor.com <<Up The Creek Without An AremiSoft Option Also in today's news, there is an interesting New York Times story by Floyd Norris called "More Setbacks for Investors of AremisSoft." (Registration required.) People might remember that I took great umbrage at Irwin Jacobs' letter, in which he accused short sellers in both Conseco and in AremiSoft (AREM) of misbehaving and was trying to orchestrate a squeeze. While I was away, AremiSoft's stock was halted. The New York Times article discusses the tricky maneuvers that will be required to exercise options, which expire on Friday, given that the stock is still halted. Congratulations to Herb Greenberg, who was on this story like a dog on a bone. Requiem For Sleaze One of the things passing for a sound investment strategy has been any old, silly theme as long as enough people would repeat it, i.e., buying stocks because they split, or squeezing the shorts. Much scorn was heaped upon the short sellers and Herb Greenberg for talking about the facts. I did not see any scorn heaped upon what appears to be fraudulent management. So, rather than being scornful of the short sellers, it seems to me Irwin Jacobs owes them an apology. And this also gets back to the point I was making before I left. There's nothing un-American about short selling. What I find outrageous is the ease with which people make accusations against short sellers while, through their silence, seemingly condoning shenanigans like outright fraud and promotion, etc. The good news is that outrage is not dead. Now we are seeing investigations into the sleazy practices that polluted Wall Street during the mania. To quote the last line from the aforementioned Wall Street Journal article: "The system broke down broadly, not just here. People got greedy, that's the bottom line." Yes, everyone got greedy and took leave of their senses. The public included.>> end quote