Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RockyBalboa who wrote (629)	8/6/2001 5:25:22 PM
From: A.L. Reagan	Read Replies (1) \| Respond to of 683

Irwin L. Jacobs Letter to Shareholders No. 34 Dated: August 03, 2001 Recent AremisSoft events have left me as stunned, if not more stunned, than any other AremisSoft shareholder. Up to this point, my AremisSoft investment has been the most painful personal and business experience of my entire business career. I do, however, want to confirm that what I believed and understood at the time is what appeared on my Web site. What is as confusing to me, as I am sure is confusing to you, is why AremisSoft filed suit if they knew something was wrong within AremisSoft? Why did AremisSoft buy back shares? I personally inspected what was represented to me to be the Bulgarian contract documents; therefore, once again, I am as confused as anyone as to what the real Bulgarian story is all about. I was told the documents I saw were what the accountants signed off on for the 2000 year end. I have no current information other than what the Company has put out. I can only report how foolish and betrayed I feel after all the support I have given AremisSoft. Herb Greenberg’s article that I will have an announcement next Monday is totally misleading. The only thing I told him was I would grant him an interview after next Monday. Since he misinterprets what I say, I have changed my mind about the interview. Events will unfold as time passes, but under the circumstances I do not believe that further comments from me about AremisSoft are called for. irwinljacobs.com