Fonar - Where is it going? Message Board

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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: Adelantado who wrote (10781)	8/12/1998 2:28:00 AM
From: BBurrows	Read Replies (2) of 19354

<<Will someone please explain why he or she thinks FONAR is a great company when the price is falling so sharply. I can't see anything in FONAR that can't be explained using two words: poor management.>> I'll explain why it IS a good investment in two words: BIG PICTURE!!! We have a great opportunity to buy this stock at an incredible bargain. Think of it this way. Fonar is corning the market in open MRI, including the new OR360. The interest WILL be there when the new Quads are introduced but we may have to wait for the RSNA show in November for this to happen. Patience goes hand in hand with good investing. No bad management here, just a group of long-term thinkers who are anticipating the new direction MRI will take. Open MRI and surgical MRI. Fonar will become the new dominant player in these areas. To capitalize on any investment, you must also become a long-term thinker and anticipate what Fonar is about to become. Personally, I'm holding off to buy more when I see the market settle down and the price has seemed to bottom out. Don't know what that will be yet but I'm loading up the wagon at that time. My prediction is that Fonar will be over $10 by the end of this year. No hype, just my guess. Good luck to all.

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