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


To: Linda Kaplan who wrote (8218)1/20/1998 11:41:00 AM
From: John R Resseger  Read Replies (1) | Respond to of 19354
 
Linda

Fonar has made money in the past, both on making machines and running centers. They have produced and sold over 200 MRI machines. Back then some of the machines sold for several million dollers each.

Because Congress passed a law saying Doctors could not own their own centers, the market collapsed. At the time Fonar was on there way to being Number 2 in the business.

As far as the centers, what do you think kept Fonar afloat all of the years GE appropiated Fonar's technolagy?

That said.

Most who follow this stock would like to know about sales.

We would like to know about the buy back.

I feel Fonar after being against the wall in the past, is to gun shy about spending money. I would be buying shares. Hiring more people and spending more on Advertising.

What is the Catalyst group doing ? When are we going to see a Quad on Chicago Hope ? ....forget ER (NBC) {GE} !!