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Microcap & Penny Stocks : FONR...Patent on Cancer Detection....

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To: Mitchell D. Wilcox who wrote (197)2/26/1997 10:22:00 AM
From: (Bob) Zumbrunnen   of 560
 
Bob, It seems that we get into stocks at about the same place. I got in at 4 3/8 as well. Do you by chance have an idea what this stock should be valued at.

Don't know what this one should be valued at, but I sure like that the settlement is worth nearly $1 per share. Still haven't done enough DD to determine if this one even pays dividends! Hope so. Especially since it appears there's at least one *bigger* fish (Toshiba) in the pan.

I'm down a butt-load on this one right now, but am not the least concerned. Sometimes I make money at this day-trade game; sometimes I don't. I think most of the sellers are shaken out right now, but also that many of the buyers (unlike us) are waiting for it to cool down a bit before getting in. I'm not expecting it to get to $4.375 again today, but do expect it to close much higher than it is right now, on more stable activity.
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