FONR...Patent on Cancer Detection.... Message Board

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

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To: Bobby Boyd who wrote (304)	3/8/1997 5:55:00 AM
From: Dick Jaffe	of 560

I agree with your views on reverse splits. They are rarely beneficial to the shareholders and I don't believe Fonar is contemplating such a move. In fact, I think the terms of the class action suit settlement may actually prohibit such a revision of the capital structure. You, me and everyone else are going to have to be patient with this company's evolution into a major player in the MRI business. After all, it is almost unprecedented for a tiny company that had been all but destroyed by technology thefts to have been able to fight back against a corrupt giant like GE and prevail. This has still not sunk in on the GE brass and they keep trying to postpone the inevitable with more fruitless appeals. None of this would ever have happened without the stubborn, religious conviction of the indomitable Dr. Damadian whom I believe will eventually be recognized with the Nobel prize in medicine. So just hang in there. I have, for five years, now. You own shares in a company that is absolutely on the cutting edge of MRI technology with more innovative improvements coming from their R&D every day. As far as their marketing deficiencies are concerned, they are well aware of this and that's why they have contracted with a marketing firm (NIR) who have obligated themselves to sell 30 quads this year. I believe the pace of improvement in the company's financial and market position will accelerate this year and I believe that down the road, when the company can afford it, they will buy back some of those shares they had to issue in the lean years to pay their bills. Stay tuned to this thread and for a microcosmic glint at the market, pay attention to the posts of the brilliant Dr Fleckenstein who has had the intelligence to educate himself about Fonar's progress. I look forward to his comments after he has had a chance to review the material Fonar is sending him and discuss it with some of his colleagues who are actually using the new machines.

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