AREMISSOFT CORP /DE/
144, 1999-08-11
PREPACKAGED SOFTWARE
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                           UNITED STATES SEC USE ONLY
            SECURITIES AND EXCHANGE COMMISSION DOCUMENT SEQUENCE NO.
                             Washington, D.C. 20549

                                    FORM 144

                      NOTICE OF PROPOSED SALE OF SECURITIES
              PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933

ATTENTION:  Transmit for filing 3 copies of this form  concurrently  with either
placing an order with a broker to execute sale or executing a sale directly with
a market maker

<TABLE>
<S>                                       <C>                <C>                     <C>                 <C>              <C>


1(a) NAME OF ISSUER (Please type or print) (b) IRS IDENT. NO.(c) S.E.C. FILE NO.

     AremisSoft Corporation                    68-0413929        333-58351
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1(d) ADDRESS OF ISSUER      STREET  CITY      STATE   ZIP CODE (e) TELEPHONE NO.

     200 Central Park South,        New York  NY      10019       (212) 765-7383
     Suite 23-A
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2(a)NAME OF PERSON FOR WHOSE (b)SOCIAL SECURITY  (c)RELATIONSHIP (d) ADDRESS        STREET              CITY                ZIP CODE
    ACCOUNT THE SECURITIES      NO. OR IRS IDENT.   TO ISSUER
    ARE TO BE SOLD              NO.

    Twenty-First Fund Ltd.      n/a                common stock   c/o Maples and Calder, Ugland House,  George Town   Cayman Islands
                                                   holder             South Church Street, P. O. Box B9,    Grand Cayman

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INSTRUCTION:  The person filing this notice should  contact the issuer to obtain
the I.R.S. Identification Number and the S.E.C. File Number.

3(a)           (b)                SEC USE ONLY    (c)           (d)          (e)                (f)                (g)
                                  ------------    ---------
Title of the   Name and Address   Broker-Dealer   Number of     Aggregate    Number of Shares   Approximate        Name of Each
Class of       of Each Broker     File Number     Shares or     Market       or Other Units     Date of Sale       Securities
Securities     Through Whom the                   Other Units   Value        Outstanding        (See instr. 3(f))  Exchange
to be Sold     Securities are                     to be Sold    See instr.   (See instr. 3(e))  (MO.  DAY YR.)     (See instr. 3(g))
               to Offered or                      (See instr.   3(d))
               Each Market Maker                  3(c))
               who is Aquiring
               the Securities

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Common         Cruttenden Roth                    55,000         $347,050     311,265            August 11, 1999     NASDAQ
               Incorporated
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INSTRUCTIONS
1. (a) Name of Issuer                                        3. (a) Title of the class of securities to be sold
   (b) Issuer's  I.R.S.  Identification Number                  (b) Name and address of each broker
   (c) Issuer's  S.E.C. number, if any                              through  whom the  securities  are  intended to be sold
   (d) Issuer's  address,  including zip code                   (c) Number  of  shares  or  other  units  to be sold  (if  debt
   (e) Issuer's telephone number,  including                        securities,  give the aggregate face amount)
                                                                (d) Aggregate  market  value of the securities to be sold as of a
                                                                    specified date within 10 days prior to the filing of this notice
                                                                (e) Number  of  shares  or other units of the class
                                                                    outstanding, or if debt securities the face amount thereof
                                                                    outstanding, as shown by the most recent report or statement
                                                                    published by the issuer
2. (a) Name of person for whose  account  the securities are to  f) Approximate date on which the securities are to be sold
       be sold                                                   g) Name of each securities exchange, if any, on which the
   (b) Such persons Social  Security or I.R.S. Identification       securities are intended to be sold
       number
   (c) Such  person's  relationship  to the  issuer  (e.g.,
       officer, director, 10% stockholder, or member
       of immediate family of any of the foregoing)
   (d) Such person's address, including zip code


SEC 1147 (9-93)
</TABLE>


<PAGE>2


                         TABLE I - SECURITIES TO BE SOLD
    Furnish the following information with respect to the acquisition of the
   securities to be sold and with respect to the payment of all or any part of
               the purchase price or other consideration therefor:
<TABLE>
<S>          <C>      <C>                        <C>                        <C>                     <C>             <C>

                                                    Name of Person
  Title of   Date You  Nature of                    from Whom Acquired         Amount of              Date of
  the Class  Acquired  Acquisition Transaction      (If gift, also give date   Securities Acquired    Payment     Nature of Payment
                                                    donor acquired)

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 Common      2-98     Private Placement Offering    AremisSoft Corporation     160,000                n/a         cash

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</TABLE>

INSTRUCTIONS: 1. If the securities were purchased and full payment therefore was
not  made in cash at the time of  purchase,  explain  in the  table or in a note
thereto the nature of the consideration given. If the consideration consisted of
any note or other  obligation,  or if payment was made in installments  describe
the  arrangement  and state when the note or other  obligation was discharged in
full or the last installment paid.

2. If within two years after the  acquisition  of the  securities the person for
whose account they are to be sold had any short  positions,  put or other option
to dispose of securities  referred to in paragraph  (d)(3) of Rule 144,  furnish
full information with respect thereto.


TABLE II - SECURITIES  SOLD DURING THE PAST 3 MONTHS TABLE II - SECURITIES  SOLD
DURING THE PAST 3 MONTHS

Furnish the following  information as to all securities
of the issuer sold during the past 3 months by the person for whose  account the
securities are to be sold.
<TABLE>
<S>                                <C>                          <C>             <C>           <C>

                                                                                Amount of     Gross
Name and Address of Seller          Title of Securities Sold    Date of Sale    Securities    Proceeds
- ------------------------------------------------------------------------------------------------------



- ------------------------------------------------------------------------------------------------------
</TABLE>

REMARKS:
<TABLE>
<S>                                                                                  <C>
INSTRUCTIONS:                                                                        ATTENTION:
See the  definition  of  "person"  in  paragraph (a) of Rule  144.  Information      The person for whose account the securities to
is to be given not only as to the person for whose account the securities are        which this notice relates are to sold hereby
to be sold but also as to sales by all persons whose sales are required by           represents by signing this notice that he does
paragraph (e) of Rule 144 to be aggregated with sales for the account of the         not know any material adverse information in
person filing this notice.                                                           regard to the current and prospective
                                                                                     operations of the Issuer of the securities to
                                                                                     be sold which have not been publicly disclosed.


                                                                                                 /s/ ERIC STARI
                        AUGUST 11, 1999                                         ----------------------------------------------------
  ____________________________________________________                                           (SIGNATURE)
                    (DATE OF NOTICE)
</TABLE>

The notice shall be signed by the person for whose account the securities are to
be sold.  At least one copy of the notice shall be manually  signed.  Any copies
not manually signed shall bear typed or printed signatures.


ATTENTION:  Intentional  misstatements or omission of facts  constitute  Federal
Criminal Violations (See 18 U.S.C. 1001).




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