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Technology Stocks : AremisSoft Corporation (AREM)
AREM 0.10000.0%Aug 17 4:00 PM EDT

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To: Sir Auric Goldfinger who wrote (529)7/10/2001 3:31:10 AM
From: cgw1948  Read Replies (1) of 683
 
He already is covering/hedging and denying it too, in
my opinion. You really should switch sides, you know?
There is no significant downside left in this stock,
not at this price at least. The only way the shorts
make any significant money from shorting at these
levels is if AREM really is a complete and utter fraud
and has been ever since its IPO. And that cannot be!
Why not? If it is, its co-CEOs would not be the largest
individual shareholders. Nor would they be adding to
their personal positions. The insider ownership of AREM
shares is HUGE! You just don't see that in real "scam"
companies. But, even if you want to ignore that "evidence"
how do you explain how the Company is actually buying
backs shares? Where is it getting the CASH from to do that
if AREM is and always has been a "scam"? Maybe you can
"invent" revenues and earnings. But you cannot "invent"
CASH. And AREM has LOTS of it! Or do you think PFK, a
very reputable auditing firm, is in on the "scam" too?

IMO, Rocker is covering/hedging and planning to leave
the shorts who believe he is not holding the bag. Last
one out is a rotten egg!
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