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: FRANK ROSSI who wrote (8210)	1/20/1998 7:07:00 AM
From: Linda Kaplan	Read Replies (2) \| Respond to of 19354

Frank, I never heard anyone here say that Fonar can't make money. We don't hear it here, because that would be consistent with a short position and it's difficult to obtain a short position on a non-marginable stock like Fonar. I've also never heard anyone make the previous remarks you've mentioned, but then I wasn't around that long, so maybe people did say them. What I've heard said and say myself, is that Fonar has not yet proven they can make money, earned money, on a regular basis. You're saying that they will, on faith, but not on fact. Since I'm long, I hope they can do it. I'm still waiting for them to show us they can do it. I do feel that it is harmful to any logical argument to misrepresent others' positions in order to obtain emotional responses from an audience, against others and for oneself. Linda

To: FRANK ROSSI who wrote (8210)	1/20/1998 8:00:00 AM
From: raven	Respond to of 19354

Frank: You've got it. THE BIG PICTURE GO FONR raven

To: FRANK ROSSI who wrote (8210)	1/20/1998 9:50:00 AM
From: Thure Meyer	Read Replies (1) \| Respond to of 19354

re: "BIG PICTURE" Dear Mr. Rossi, Last year the actual operating loss of this company was 24-25 million dollars (see 10-K), of course not including the settlement. It had 1997 sales of 17.4 million which averages to about 51,000.- per employee. The results of the NIR sales agreement have been neglible if compared to the Fonar press releases and so on.. Despite Dr. Damadians impressive inventiveness, Fonar has yet to prove that it can grow a revenue stream that will lift this company to significantly higher levels. If in fact your claim of inventing -> sueing -> collecting is correct, it does not jive very well with the actual composition of Fonar's staff which includes a proud 137 people allocated administration. Lets wait for the next 10-Q to discuss the "BIG PICTURE", rather than publishing such an impassioned defense. Thure