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Microcap & Penny Stocks : Fonar - Where is it going?
FONR 18.52-0.2%Jan 2 9:30 AM EST
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To: Robert C. Petersen who wrote (8314)1/26/1998 4:07:00 PM
From: CAPT.DAN  Read Replies (2) of 19354
 
Roberto,
Just so I can be the one to correct myself, Whooops I goofffeddd!
Frank was kind enough to make the call to Long Beach Med. And his findings are as follows:

I called that phone # and found out that they have a Seimens MRI
machine . They have had it for 2-3 years. Fonar however does have a Quad12,000 which is up and running in a hospital on Long Island. This Quad was purchased about a year and a half ago by a customer that was one of Fonars original customers. I think this is important because of repeat business. A HAPPY CUSTOMER.
Thanks Frank. By the way, I just tried to email you and the letter was return. The following is inreply to your question.

Frank,
As I posted sometime back, my background is in manufacturing. For a
number of years I created product that was sold throuh my wholesale div. and also in our 65 stores. My wholesale reaped a benefit of having a guarannteed sale and the corporation overall was strengthened. So to answer your question, yes I'm glad they have the ppm business. One feeds the other. And I'm sorry for those who cannot see the benefit to Fonar. And what I call the Big picture.
With the central location for the mri reading their bottom line should increase even more. Look at it this way, they can sell our ppm at the same or even a reduced price and still make money. It just depends on which side they choose to show the increased profit.
Dan
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