Fonar - Where is it going? Message Board

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

FONR 14.86

-1.2%

3:51 PM EST

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To: SpinShooter who wrote (10618)	8/2/1998 7:49:00 AM
From: Glenn Olsen	Read Replies (1) of 19354

SpinShooter I also enjoy the information brought to this thread by those with experience beyond just that of a current investment. I am confused by your statements on the 80's legal event. When I bought into Fonar several years ago I took the time to review the old NY Times stories on that prior case. Fonar "won" initially with the jury. That was the fall of 84 I think. The stock price moved to 8-9 (again best memory) Later, the trial judge (December or January) over ruled the jury on the basis that he had erred in some fashion which escapes me. Spring 86 the Appeals Court sided with the judge. Long time before Fonar finally did win something. Pretty amazing that Damadian's actions from 20 years ago continue to color how segments view him and the company. Objectively there can be little debate as to his contributions then and now to the technology but neither the investment community nor the medical one seems willing to overlook the accumulated side issues. Glenn

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