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Microcap & Penny Stocks : Fonar - Where is it going?
FONR 14.88-0.6%Nov 11 3:55 PM EST
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To: telephonics who wrote (19048)1/21/2004 8:41:26 AM
From: FRANK ROSSI  Read Replies (3) of 19354
 
TELE,

YOU SAID ,

Jake your post spurs me to ask the following question. Should an acquisition of Fonar take place why woould the purchaser want to buy the common shares you and I hold? If he acquired the 99+% of the Class C shares from Damadian he could very easily drop purchase of the ordinary common shares from his contract. Should this happen the common shareholder,I presume,would be left with only a stock certificate suitable for framing.

THEN WHY DID VANGUARD JUST PURCHASE 281,036 MORE SHARES TO ADD TO THEIR 50,000 SHARES ?

DO YOU THINK BIG TIME INSTITUTIONAL ACCOUNTS WOULD NOT DO THEIR DD AND MAKE THIS TYPE OF ERROR ?

VANGUARD BUYS FONAR

12/31/03

VANGUARD 331,626 SHARES AN INCREASE OF 281,036 OR 555%
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