Burana Beauty with root rot

[toynutz]

I got this orchid about 1-2 months ago... as soon as I got it home, it's buds blasted and dropped off. (Seems most of the BBs I've seen at TJs have this problem.) Anyway, it's done nothing since that happened so I decide to repot.

Here's what was in the pot...



Note to self: Repot all TJs orchids ASAP!

I cut off the bad roots and put it in a better potting mix. I watered it but am cutting back on future waterings in hopes of getting new roots to grow... is that the right thing to do?



This it it a week later (today). Not much of a change except for the sheath turning yellow.



So now I'm not sure what I should do with the sheath and stem. Will it rebloom from this stem? Should I leave it alone? Should I cut if off? Will the other pseudo bulbs produce flowers or do I need to wait for new growth before I get to see flowers?