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Microcap & Penny Stocks : Fonar - Where is it going? -- Ignore unavailable to you. Want to Upgrade?

To: FRANK ROSSI who wrote (18804)	10/3/2003 12:38:32 PM
From: JakeStraw	Respond to of 19354

Again FRANK when is Fonar going to make a profit?

To: FRANK ROSSI who wrote (18804)	10/6/2003 7:02:24 AM
From: David C. Burns	Read Replies (2) \| Respond to of 19354

Fonar files to sell 5 mln common shares Reuters, 10.06.03, 6:19 AM ET forbes.com WASHINGTON, Oct 6 (Reuters) - Fonar Corp., (nasdaq: FONR - news - people) which designs and manufactures magnetic resonance imaging (MRI) scanners, filed with U.S. regulators on Monday to sell over time up to 5 million shares of common stock. The New York-based company said it would use expected proceeds for general corporate purposes including working capital to fund operating expenses, accounts payable and capital expenditures, according to the Securities and Exchange Commission filing. A shelf registration gives a company advance regulatory approval to sell securities in one or more separate offerings in amounts, at prices and on terms to be determined at the time of the sale.

To: FRANK ROSSI who wrote (18804)	10/7/2003 12:22:03 AM
From: Joe Lyddon	Read Replies (2) \| Respond to of 19354

Frank, They obviously NEED money, in the midst of their biggest sales boom ever! That alone should tell you something about their Management. . . but, will it? Do they proceed to get a "Line of Credit" so they can handle their Cash needs? NO! . . . I wonder why?? Do they need so much that it exceeds their current line or can't qualify for a new line or extension of old line?? Only ONE thing they think of doing. . . screw the Shareholders. . . Sell some stock to pay for those badly needed EXPENSES! In other words, they are borrowing from US shareholders!! I ask you again. . . Would any Company that has ANY sense of good Management DO WHAT THEY JUST DID?? The answer is SIMPLE. . . N O !!! FONAR needs new management very badly. . . Extremely badly!! Bottom line. . . Us Shareholders are getting screwed again and it's obvious to me that they cannot manage their way out of a soggy paper BAG on a HOT summer day!! Resulting words to the Shareholders: "GOOD L U C K. . . YOU NEED IT!!" IMHO, Joe