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

To: BlueCheap who wrote (8362)	1/29/1998 1:00:00 PM
From: CAPT.DAN	Read Replies (1) \| Respond to of 19354

To All, "Related OFF TOPIC", FYI, NEW YORK--(BUSINESS WIRE)--Jan. 29, 1998--Consolidated Technology Group Ltd. (OTCBB:COTG) announced today that on Jan. 28, 1998, International Magnetic Imaging Inc. ("IMI"), a subsidiary of COTG, entered into an agreement to sell its medical diagnostic imaging business, consisting of ten outpatient medical diagnostic imaging centers, an imaging referral network and certain affiliated service companies, to a subsidiary of Syncor International Corporation (NASDAQ:SCOR) for $20.5 million in cash and the assumption by the purchaser of $21 million in debt. The sale is expected to close on or before March 11, 1998, subject to extension as provided in the agreement. COTG's businesses include, in addition to the management and operation of medical diagnostic imaging centers through IMI, the technical temporary staffing services business, the manufacture and sale of electro-mechanical and electro-optical products, computerized health information systems and related services which are offered to health care providers, and a range of telecommunications services. --30--jrw/ny* CONTACT: Consolidated Technology Group Ltd. Lewis S. Schiller, 212/233-4500 George W. Mahoney, 561/362-0917

To: BlueCheap who wrote (8362)	1/29/1998 4:34:00 PM
From: Linda Kaplan	Read Replies (1) \| Respond to of 19354

Malcolm, GE products are not as good as Fonar's (in some ways). My friend had an MRI on Saturday (of the brain) and found it to be a terrible experience. I was at the hospital and asked my friend to especially look at who made the machine. It was a GE. GE has the market share. I wonder how Fonar is going to get it away from them. A lot of better products don't make it. Remember the old Beta vs. VHS issue? I have Beta, S-VHS and VHS, but it's only VHS that sells. It's as if they did the RSNA show and that was the end of their attempt to reach the industry. It was an expensive show, but without follow-up, it's not enough. Linda

To: BlueCheap who wrote (8362)	1/30/1998 7:16:00 PM
From: BlueCheap	Read Replies (1) \| Respond to of 19354

WHY Doesn't MY Stock get "Discovered" by Wall Street? I ask Bill Mathews if I could post this on SI and he said Fine. It is out of this Feburary issue of the CHEAP Investor. WHY Doesn't MY Stock get "Discovered" by Wall Street? "The stock I invested in issues very positive press releases, yet Wall Street doesn't seem to care. We can't tell you how often we hear from frustrated investors in low-priced stocks who feel the same way. It's easy to think it only happens to their stocks. In reality its difficult for ALL low-priced stocks to get Wall Streets attention. Our research has unearthed some interesting statistics. Over the last three years, the number of stocks listed on the Nasdaq has increased by 50%. In addition another exchange called the OTC Bulletin Board was created a couple of years ago and it includes over 7,000 stocks. Also there are a couple thousand new foreign stocks, the majority of which are loe priced. This means a lot more competition for Wall Streets notice. On page one, we wrote about TCC industries. It took six years for Wall Street to get excited about this NYSE listed company. Thats pretty depressing. Perhaps the toughest competition comes from the well financed OTC Bulletin Board companies that are long on hype and short on substance. This exchange has become a haven for unscrupulos stock manipulators because there are no listing or reporting requirments. It's easy to " exaggerate" a company's assets and potential when it doesn't have to report financial results. For this reason, The CHEAP Investor doesn't recommend stocks listed on the OTC Bulletin Board. Fortunately this will change as Nasdaq is forcing companies to regularly file financial reports. This could kick as many as 3,700 companies off the OTC Bulletin Board. In addition Nasdaq is instituting new listing requirments for the National Market System and SmallCaps market. Getting rid of junk companies should reduce the competition somewhat. The old theory that if a company does its job and increases sales and earnings, Wall Street will discover it, just doesn't work any more. In todays market, a company MUST have a full time investor relations department to get its information to shareholders, brokers and the finacial community. Despite the tremendous increase in the number of low-priced stocks. The CHEAP Investor has recommended numerous stocks that were later "discovered" by Wall Street. We will continue to pursue quality low-priced companies that make a commitment to getting their story out to Wall Street to help increase shareholder value. Folks I couldn't agree more, and Fonar Corp. I SURE hope you read this and paid close attention to those last statements. To me Its almost as if Bill mathews was speaking to Fonar in those last remarks. Fonar has EVERYTHING it takes to GET Discovered, BUT they really need to attend to the matter of GETTING THEIR STORY OUT to Wall Street to help increase shareholder value Good Evening to ALL; Malcolm