SI
SI
discoversearch

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: Acunna_matata who wrote (8160)1/16/1998 4:54:00 PM
From: John R Resseger  Respond to of 19354
 
AM

It's not a lie.

They are just very busy

There is no way they could spend all the money they have intelegentely.

Buying back shares is not wasting money.

They have anounced the buy back. They need say no more. Just start buying ther stock.

Simple as that.

They buy 2 million shares between 3 & 5 . Next year they can buy $20 million worth of centers for a million shares of stock.

How is this a waste of money?

I can see if decretion was lacking, that they could buy shares in a way that would not help the stock price.

I hope they have started to buy shares allready.




To: Acunna_matata who wrote (8160)1/16/1998 6:56:00 PM
From: CAPT.DAN  Read Replies (1) | Respond to of 19354
 
All,
Since Fonar made it clear to this investor that they would not disclose when or how much stock they would buy back, what makes you think that they haven't already started the buy back? For those who doubt the buy back, Please do as I and Malcolm and Jim and others- CALL THE COMPANY YOURSELF. HEAR IT FOR YOURSELF. IF you don't like or believe what you hear and see in the K & Q, sell your stock and move on.
This is not directed at anyone person. I just get sick of seeing post after post from many people that expect everyone to do there work and DD. And when a stock doesn't preform as they had hoped, it becomes worthless. Give it time. This one will preform. It might not be a $20 stock this year, but it certainly has the potenial to move to $10 when the sales start to role in our direction.
Dan