Fonar - Where is it going? Message Board

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

FONR 18.64

0.0%

Jan 16 9:30 AM EST

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To: Robert C. Petersen who wrote (8151)	1/16/1998 1:09:00 PM
From: John R Resseger	Read Replies (2) of 19354

HI Bob Get of the computer and go rent a snowboard. Ill meet you at the Quad at Wachussett Sunday 8:00am sharp for a lesson My interpetation of my e-mail is sales news Tuesday. My conversation with Fonar illisited the comment that the low stock price was a negative for sales. I left a message the next day saying " You have over $50 million in cash, buy some stock. You will have it above $5 in no time. You can reissue it at a higher price at a later date if need be." I should have added DuH !!! I think they are just to busy to figure this out. What problems would prevent them from doing the above legal wise? Spend 10 million I say, OR More. Buy at 3-5, then put a limit buy at $5 for several million. What is the hold up? Fonar If you believe in the products and management buy the stock. Use the shares you buy now to purchase centers later when the stock is at $20. We are all broke here.

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