Fonar - Where is it going? Message Board

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Microcap & Penny Stocks : Fonar - Where is it going?

FONR 14.34

-0.3%

Nov 21 9:30 AM EST

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To: Joe Lyddon who wrote (18915)	11/13/2003 3:52:14 PM
From: FRANK ROSSI	Read Replies (1) of 19354

FROM THE LETTER TO THE SHAREHOLDERS The letter was dated 1/13/03 To date we have sold 33 Stand-Up™ MRIs, 23 of them in 2002, four of them to GE Medical Systems, 12 of them installed and prospering. Fonar Sold their First Stand Up on 10/19/00 and Installed their First Stand Up on 4/30/01 . So over the next 27 months until the Shareholders letter dated 1/13/03 Fonar sold 33 . Over the next 10 months from 1/13/03 - 11/13/03 Fonar has sold 25 MORE Stand Ups or almost Doubled the previous number . From 4/30/01 - 1/13/03 or 21 months Fonar installed 12 Stand Ups . In the next 10 months from 1/13/03 - 11/13/03 Fonar has installed 10 more Stand Ups or almost Doubled the previous number We have also penetrated the hospital market. We have installed a Stand-Up™ MRI at the highly prestigious research and teaching hospital of the University of Aberdeen in Scotland. We also have installations under way at Hospital de Madrid in Madrid, Spain, and at White Plains Hospital in White Plains, New York.

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