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Microcap & Penny Stocks : FONR...Patent on Cancer Detection....
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To: mentz who wrote (324)3/12/1997 4:49:00 PM
From: luis a. garcia   of 560
 
Mentz I am as excited as anyone about a stock which has the potential of a prosperous new product such as FONR. I currently invest in a similar company with a much much narrow focus and totally dedicated to mammography. I don't think they are competing products..
So I identify with your feelings for your stock.

Technically FONR is in ok shape. technical analysis tells me that. fundamentally it may be okay but the numbers do not reflect that on the contrary they look bad your float is very high and the stock may not be as inexpensive as it appears.

I am not being negative because it is all relative to future earnings and growth and heck maybe FONAR will be the one to take MRI by storm. Hence your buying opportunity and anyone else's.. Institutional money if it materializes it does so after the company has shown 3 qtrs of increasing earnings and growth so nothing we do or say affects that.

I just don't have a handle on the fundamentals..
It is to that effect that I pose the following questions:

a) what are FONARs selling points and application? beyond the open magnet advantage?

b) how much does a QUAD sell for and who would use it?

I will thank you in advance and wish you good luck in your investment.

luis
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