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Microcap & Penny Stocks : Fonar - Where is it going?
FONR 14.82+0.7%Nov 6 3:56 PM EST

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To: Glenn Olsen who wrote (10773)8/10/1998 3:31:00 PM
From: FRANK ROSSI  Read Replies (1) of 19354
 
HI GLENN,

We have 64 mill. as of 3/31/98 as you said and the money Toshiba gave us . I think we will see something in the 25 mill . area . in other income. This should bring us to about 80 mill. after adjustments [Taxes, PPM purchases and so on] If any more I will be VERY HAPPY . Any other guesses?

HMC will be bigger then most think IMO. I think we will see Fonar in the Black by 4 qtr. June 1999 . From HMC alone . Quad sales will be icing .

YOUR THOUGHTS

FRANK
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