Fonar - Where is it going? Message Board

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

FONR 14.03

-0.3%

Nov 28 9:30 AM EST

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To: BlueCheap who wrote (9785)	5/23/1998 12:16:00 PM
From: Adelantado	Read Replies (1) of 19354

I do not believe that a distribution of the GE money as stock to presnt holders is a positive move for FONAR. It is certainly nice (short term) for the investors, but a more positive move for FONAR (and thus a long term advantage to his investors) would had been a market buyback of stock. Not only would the decrease in shares on the street increase e/s but would also raise the price by creating a buying momemtum. We might have even gotten onto NASDAQ and finally be noticed. Anyone else share that view? Joe.

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