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Strategies & Market Trends : Z Best Place to Talk Stocks
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To: Ron McKinnon who wrote (39366)5/4/2002 8:47:23 PM
From: BlueCheap  Read Replies (2) of 53068
 
FONAR (FONR) Inventer of the MRI up 26% on 1,400,000 shares which was about 10 times average volume. Two well known and respected News Letters have recently issued a BUY recommendation for FONR.

Personally I have traded FONR stock for 8 years now and always done very well from the current price of $1.25 per share. Actually I have recently been accumulating a large position at prices of .98 cents to $1.04 and have NO INTENTIONS of selling ANY of my CORE position in FONR until I see $5, $10 or MORE. My reason for HOLDING (FONR) can easily be seen by going to fonar.com and reading the past news releases as well as the information about FONAR's STAND-UP truely OPEN MRI machine. This MRI was developed by FONAR who is the company that INVENTED the MRI in the first place. FONAR's Products are PATENTED and the company also has an AGREEMENT with GE Medical to Market and sell the Stand-UP MRI.
Revenues increasing, debt being lowered and the company expects to be profitable in the short term. Also FONAR has just started to ADVERTISE on Major TV Prime Time.

There is much much more to this story but I'll end by giving my opinion that FONAR's stock has the HIGH POTENTIAL to be a HUGE WINNER in both the short term as well as longer term.

These are MY Perceptions,
BlueCheap
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