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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: BBurrows who wrote (10782)8/12/1998 11:42:00 AM
From: luis a. garcia  Read Replies (1) of 19354
 
I think Warren once got some figures which indicated MRI was becoming more accepted and it was projected to see more use next century.
The market size was 2 billion dollars after 2000... What is propelling
the growth of MRI is the new cheaper machines and unique applications which require this medium for analysis and intervention.
If you secure a portion of this market in relation to the size and cost structure of your organization you win. Can fonr do this? Its a management problem not a technical one. Will the stock trend up... I think it will but there are pitfalls to this occurring. Again management will show the way after in this case they try increasing production to the size of their swelled heads etc... everything else first of course...ultimately they will restructure and move forward.
Until then we may see a tradable rally at around the time of RSNA which tends to be fuelled by hype and sales...and new introductions etc...
luis
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