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 3:57 PM EST

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To: Glenn Olsen who wrote (10823)	8/14/1998 12:32:00 PM
From: daveG	Read Replies (1) of 19354

My point exactly, the main theme of this companies stated, in writing, public business plan has always been research and development. Everything else is dependent on successful completion of this or that. And if you do not know that you are buying a R &D company with 'potential' to become more than that then you might want to do a bit more research. I am not sure yet if the company had a bad product (quad 12000) by virtue that they misread their market. Or a good product and a bad marketing team or both? They spent a lot of share holder equity, by way of dillution, getting the Quads to market with poor results. That is what the street has to go on. Now they are doing the same thing with the GE and Toshiba money. However based on my communications with the Company they feel that everything they have done to date has been for the benefit of shareholders and they "make no apologies". However as my sentiment has been termed a contrary indicator......

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