FONR...Patent on Cancer Detection.... Message Board

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Microcap & Penny Stocks : FONR...Patent on Cancer Detection....

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To: Amadeo Zevi who wrote (121)	10/11/1996 9:34:00 PM
From: Glenn Olsen	of 560

Optimistically? The best that can happen? 2 events. 1. Fonar comes through with financials showing a profit. I doubt if this will occur for 6/30 but now are awaiting 9/30. If the recent quarter isn't profitable, well there is always the settlement money. 2. I have to believe that the other companies Siemens et al were watching the oral arguments. IF they feel Fonar's case looks strong, a settlement could occur before the judgement. Pessimism. No one waits over 90 days to file the financials if they are decent. A poor 10-K will drop the stock and even a better 10-Q may not bring it back to where it is. I am baffled by the failure of Siemens and Toshiba to settle before 10/8. If Fonar wins, these companies will pay several times what they could have settled for. Maybe the stakes are higher and I am missing it. Still unusual for a foreign company to hang tough when 2 others have settled. Jim Reome said he has held for 9 years. I have been kicking myself for staying 2 years. For the last year I have sold a percentage every time it gets to 3. I hold about 20% of my original amount. If it falls to 2 1/4 I might be tempted to buy some more. MRI may have a big future although other technologies are also making progress and have lower capital expenditures. Even if MRI is the winner, Fonar has not demonstrated that its management can handle more than they have now. The balancing act in the small caps is management with great skills but little to work with and weak management with a wonderful service or product. The companies can rarely afford both so it becomes a question of the strength being adequate to overcome the weakness. The overlooked positive for Fonar is that the market makers have stayed away and let the stock move fairly naturally. Come the final decision, I'm gone. I cannot relate to a company that gets a technological advantage and cannot figure out a way to exploit it in less than a year. Small wonder manufacturing has moved to Asia. We are the best in the world at research and new ideas and then let the same creative spirit get in the way of actual production. Too much ego???? Glenn

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