Frank & Patti, I know that Bill Mathews believes the CENTERS will be a HUGE profit maker for Fonar. He and I have spoken several times about this and his statement was, that many investors don't see the huge potential for Fonar in this area.
Like Linda stated, I thought when the TOTAL DEFEAT of GE came that such a HUGE positive event would create a higher stock price (which it did) and that it would sustaine that move up (which it didn't). I even stopped trading any of my position in Fonar because of that belief. This caused me to fail to take HUGE profits (for me at least). I have always believed in Fonar and the potential Fonar possesses, even yet I believe we all will witness that develop over the course of 1998 and beyond. I know somre have gotten impatient and the words "next year" are recieving less patience, I get impatience also.
As I look around at other stocks, I may see some small-caps which have out paced Fonar but not many. I have to ask myself, if I were not into Fonar would I have chosen THE ONE STOCK which has bested Fonar? Maby, maby not, likely all I would be doing is watching ANOTHER symbol.
I remember stating that I would be forced to take a HARD look at my position in Fonar by mid Feb. 98. At the time I made that statement I did not know nor did most that we would see the US Market effected by the Asia troubles (Asian Flue) as its called. SO, I still believe if that had not occured, Fonar would likely be trading at better than $4 and maby over $5 and waiting for a Nasdaq listing. I think Kon-Lin (sp) thought the same thing. The Asia problem has investors very cautious, but I believe that is not far from being over, judging what analyst are saying.
I believe we will recieve some news very soon which will be on-going and began to build investor confidence up in Fonar. So my position is that instead of mid-Feb. I will, for sure now, give Fonar through 1998 to get Wall-Streets attention and have many reasons to believe Fonar will accomplish this.
Maby in just a short few days, we'll again hear a jingle, and a brokerage statement which looks very different.
Good Day tyo ALL,
Malcolm |
