Fonar - Where is it going? Message Board

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

FONR 14.72

-0.3%

Nov 7 9:30 AM EST

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To: Joe Lyddon who wrote (19199)	4/19/2004 5:00:48 PM
From: FRANK ROSSI	Read Replies (4) of 19354

INSTITUTIONS BUYING California Public Employees Ret. System Just INCREASED their position in Fonar Folks . They first purchased a position last quarter ending 12/31/03 of 28,689 shares. This quarter they INCREASED that position on 3/31/04 by 167,300 MORE shares for a total position of 195,989 shares . Vanguard also HELD their 331,626 share position as of 3/31/04 WHILE others keep telling you THE STREET doesn't care about Fonar INSTITUTIONAL HOLDINGS KEEP ON INCREASING . Institutional holdings NOW 2.2% UP from 2% last quarter and UP from 1% last year . Institutions now hold OVER 2,000,000 shares vs 800,000 last year . IF Fonar is so bad [AS SOME MAY HAVE YOU BELIEVE ] WHY are INSTITUTIONS INCREASING their positions

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