Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Joe Lyddon who wrote (18915)	11/13/2003 3:52:14 PM
From: FRANK ROSSI	Read Replies (1) \| Respond to of 19354

FROM THE LETTER TO THE SHAREHOLDERS The letter was dated 1/13/03 To date we have sold 33 Stand-Up™ MRIs, 23 of them in 2002, four of them to GE Medical Systems, 12 of them installed and prospering. Fonar Sold their First Stand Up on 10/19/00 and Installed their First Stand Up on 4/30/01 . So over the next 27 months until the Shareholders letter dated 1/13/03 Fonar sold 33 . Over the next 10 months from 1/13/03 - 11/13/03 Fonar has sold 25 MORE Stand Ups or almost Doubled the previous number . From 4/30/01 - 1/13/03 or 21 months Fonar installed 12 Stand Ups . In the next 10 months from 1/13/03 - 11/13/03 Fonar has installed 10 more Stand Ups or almost Doubled the previous number We have also penetrated the hospital market. We have installed a Stand-Up™ MRI at the highly prestigious research and teaching hospital of the University of Aberdeen in Scotland. We also have installations under way at Hospital de Madrid in Madrid, Spain, and at White Plains Hospital in White Plains, New York.

To: Joe Lyddon who wrote (18915)	11/13/2003 4:10:02 PM
From: FRANK ROSSI	Read Replies (1) \| Respond to of 19354

Joe, Your numbers sound great . Cut 1/2 here and 1/2 there and another 1/2 over there . But it's easy to say but tough to do . The centers alone are open 6 days a week and 12 -14 hours . So you need at least 2 shifts . The production is for production and then crews to install . Support is for year round service contract and other support . You have technicians who conduct the tests and someone who reads the MRI that is sent to the patients Dr. Joe you make it sound like Fonar is making wiggets that sell for a buck and sold to anyone who walks down the street . And once sold we caan forget about the item . It doesn't work that way with items selling for 1.5 mill. that is as HIGH TECH as the Stand Up .