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


To: Allen who wrote (8386)2/2/1998 11:16:00 AM
From: Robert C. Petersen  Respond to of 19354
 
Allen,
A couple of months ago I was at a Wall Street gathering of veteran members of the New York Stock Exchange. Out of fourteen people poled, not one person had heard of our beloved company. A couple of guys guessed that it was a Philipine phone company. Our company has much work to do in this area and when this happens, you will see the prices we have all been looking for.
What price do you think the Street would put on Fonar if it were an IPO< without half the patents it has and without half the money it has in the bank::::I would venture to guess 15.00 for starters.

I remember when Iomega languished around the 2-3 dollar level and threaders were reporting employment ad figures to each other and the fact that the company was on three shifts:::eventually word got out and we all know the results:::cost of Iomega to original holders counting splits is around 27-30 cents per share.
So patience fellow Fonarians:::our day will come:::nysebob2

PS:::do your due dilligence and dreaming:::I am waiting::::



To: Allen who wrote (8386)2/2/1998 11:18:00 AM
From: Patricia L. Clews  Read Replies (1) | Respond to of 19354
 
Allen, don't know when we'll hear of sales, but Mr. Terry DID say "we expect to be listed on the Nasdaq" and "the requirement is $5 now" when I spoke to him 1-14-98. I just assumed they expect to report some good news one of these days. The last question you asked I'd like to point out Malcolm's post #8373. The street won't even notice Fonar until the revenues are UP! IMO!
Patti