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Microcap & Penny Stocks : Fonar - Where is it going?
FONR 14.72-0.3%Nov 7 9:30 AM EST

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To: Michelino who wrote (10626)8/2/1998 12:49:00 AM
From: SpinShooter  Read Replies (2) of 19354
 
About paying attention to FONAR press releases? Do you mean to
say that you actually believe what companies promise, unsubstantiated,
in their press releases.

Unfortunately, I am so ancient and rickity in the medical devices business and patent law stuff, that I recall the very first "FONAR"
press release and Demo. It was a huge fiasco, with Dr. Damadian needing to retract a whole lot of "what we are doing" kind of press release statements. Reporters from the New York area had been invited to a big newly-born-FONAR demonstration, and according to the stories in the paper the next day (must have been in 1977, this time of year) FONAR got caught red-faced,faking the MR pictures and data they said they were scanning real time for the assembled newsmen, and other technically interested types. What I am saying is that, as historical
fact, FONAR has an especially bad reputation for credibility
of its PR output. Just cause a PR says so, that means only that is what FONAR wants to be the accepted "tale", not that it is true.

What I don't comprehend is why FONAR wants to tie itself to
the albatross of its old, ong abandoned, "sweet spot" mechanical scanner, the FONAR method in Damadian's 1982-1988 issued patents. For example, the PR stories regularly lead readers, on the contrary, to infer that the FONAR-scanner is from the original "CAncer" patent filed in 1972. Not so. The 1972 filing has no valid scanner claims, which is why the later patent work, 82-88, was carried out I guess. But FONAR Corp was not the entity pursuing those patents. I am
thorougly beflummoxed by the whole thing! Now the future
for the Corporation is to move ahead into modern niches, isn't it? Why get identified closely with obsolete, questionable technology?

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