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Biotech / Medical : Prime Medical Systems, Inc.(PMSI)

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To: Paul Viapiano who wrote (46)3/6/1997 6:02:00 PM
From: l. niedzwiecki   of 210
 
Fonar was an excelent way to quench my thirst for risk. I admit, I was irresponsible when it came to fundamentals; but, thats why I bought PMSI. I bought Fonar for a couple reasons. 1. The $100 million lawsuit against GE for patent infringement. Fonar had already settled with Siemens, Hitachi, and Phillips. A suit against Toshiba is still pending. 2. Fonar's technology. It is very capable in this area. Fonar has outstanding products that will greatly reduce the price of MRIs.

I feel the 1st reason provides an excellent opportunity for price appreciaton when considering Fonar's book value, which is $2.80(after the GE win). The second is pure speculation. If you want to find out more, go to fonar's home page- fonar.com

I am guilty of not sticking with a certain investment discipline. I investigate every situation that provides an opportunity; some are just riskier than others. I guess it depends on what type of stories you lke. I like to read them all!

Anyway, back to PMSI. Up 13/16 on 156,800 shares. Quite impressive. Glad to see that somebody realizes PMSI is a great buy!

To all, sorry about the digression from PMSI. It's nice that this thread has become more active.

Niedz
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