Fonar - Where is it going? Message Board

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

FONR 14.53

+0.1%

Dec 24 12:59 PM EST

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To: BlueCheap who wrote (8409)	2/4/1998 9:09:00 AM
From: FRANK ROSSI	Read Replies (2) of 19354

HI MALCOLM AND ALL, First getting back to my little story , What I did was to point out all the groundwork that the co. has done over the last few years to build a co. from the ground up. They are increasing revenue steadily. Profit will soon arrive. Wall Street usually likes to look 6 months ahead as far as a co.'s future prospects. Since Fonar has not shown profit for some time Wall Street may want to wait until profits are actually here or wait until a large order is placed or Investment Banker is on board. I think sending Fonar's story to Brokerage houses is a great Idea but since profit is not here YET they may not be interested. BUT I think I will tell the Fonar story to my broker next time I see him because I think PROFIT is about 6 months or less away. If everyone tells their broker the story the story will get around. YOUR THOUGHTS FRANK

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