Fonar - Where is it going? Message Board

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

FONR 15.24

+3.5%

10:36 AM EST

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To: FRANK ROSSI who wrote (19134)	3/8/2004 9:35:12 AM
From: FRANK ROSSI	Read Replies (1) of 19354

GE DILUTES SHARES FOLKS , Shares of General Electric fell after the company said it would raise about $3.8 billion through an offering of about 118 million shares of common stock. WHY is a co. with 134 Billion in revenue , that had 15 Billion in NET PROFITS , that pays out 7.7 Billion in dividends , that has 13 Billion in cash on the books AND 121 Billion in Investment securities on the books DILUTING ? WHY are they SELLING MORE SHARES to raise funds when the co. has 134 BILLION in cash and MARKETABLE SECURITIES ON THE BOOKS and is making 15 BILLION IN PROFITS ? I thought ONLY FONAR DILUTES . So tell me folks WHY is GE DILUTING ?

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