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

To: Patricia L. Clews who wrote (8375)	1/30/1998 9:46:00 PM
From: Linda Kaplan	Respond to of 19354

FONAR CORPORATION 110 Marcus Dr., Melville, New York 11747-4292 Phone: (516) 694-2929 Fax: (516) 249-3734 Internet address: fonar.com INVESTOR RELATIONS DEPT. Contact: David B. Terry Phone: (919) 847-9535 Fax: (919) 676-8629 E-Mail investor@fonar.com, FonarDT@aol.com FONR INVESTOR NEWS January 30, 1997 FONR Welcome Subscribers of Investor's Digest The January issue of `The Investor's Digest' featured FONAR. It was written by Bill Mathews, editor of `The Cheap Investor' in a section called Featured Low-Priced Stock. It has been suggested that the upward activity in the stock this past week was in part due to the new shareholders that were introduced to us by that article in `The Investor's Digest'. On January 28th, FONAR's subsidiary HMC announced another acquisition. This should raise HMC's total revenues by an estimated $1.5 Million per year. The agreement calls for the purchase price to be based on future earnings. Therefore all involved are given incentive to work their hardest. Keep watching the progress of this very exciting division. Also in January, our CEO Dr. Raymond Damadian, was featured on-line as the Inventor of the Week in the Lemelson - MIT (Massachusetts Institute of Technology) Awards Program's INVENTION DIMENSION. We are thankful for the honor. If you have access to the internet, you may visit this site and read about Dr. Damadian at <http://web.mit.edu/invent/www/inventorsA-H/damadian>. Lou Corradeno, FONAR Plant Operations Manager said "FONAR is growing at a steady pace with much of it being in HMC." In fact, less than two years ago FONAR had only about 200 employees and now has about 500. This is the largest number of employees since 1988 when we had over 650. ______________________________________________________ If you have received this message by FAX or E-Mail then you are on our Investor News/Press Release list. If you want to be added to a list, removed from a list or changed from one list to another please FAX us at 516/390-9540 or E-Mail us at <investor@fonar.com>. Be sure to include the FAX # or E-Mail address that you want added, removed or changed. Another choice is to be added to the DAY-TIME FAX list only which comes out after the others on the fax list are sent. Thank you for your interest. Be sure to visit FONAR's WEB site for Company product and investor information: www.fonar.com # This release may include forward-looking statements from the company that may or may not materialize. Additional information on factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission. # # #

To: Patricia L. Clews who wrote (8375)	2/1/1998 9:52:00 PM
From: FRANK ROSSI	Read Replies (4) \| Respond to of 19354

HI PATTI AND MALCOLM, Thank you for great work. Also in today's Newsday Fonar has 2 adds in the help wanted section . Electrical Engineers [for field service dept.] and Machinist [for 2nd and 3rd nite shift ] . Folks only one year ago there were no adds for 2nd and 3rd shifts for the nite crew. Either Fonar is making Quads or their hiring people just to watch all the money from lawsuits . Which do you think it is ? I think they are making Quads what about you ? YOUR THOUGHTS FRANK