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


To: BlueCheap who wrote (19208)5/4/2004 10:12:56 AM
From: Joe Lyddon  Read Replies (1) | Respond to of 19354
 
Bluecheap, has it ever occurred to you that the stock will Take Off once FONR starts actually MAKING MONEY (NET profits)??

I contend that, "until that happens, FONR will flounder and do nothing".

The people at FONR have to wake up and realize that they are going to have to reduce expenses (or increase prices) in order to make it happen. Reducing, CUTTING, costs is the best way.

Why don't they do it?
When will it happen?

Joe



To: BlueCheap who wrote (19208)5/8/2004 7:22:22 PM
From: telephonics  Read Replies (1) | Respond to of 19354
 
My wife's experience with the Fonar SU is all positive. But as to the effect on share price I repeat what I have posted many times on this board. Until such time as the major issues of governance under the Sarbanes-Oxley law and the enfranchisement of the common stockholder the share price will stay well under $2.00 per share. The major Wall Street Firms will have nothing to do with Fonar until these atrocious issues are resolved. It is not a function of how many SUs are sold and installed.