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


To: BlueCheap who wrote (8409)2/3/1998 10:24:00 AM
From: CAPT.DAN  Respond to of 19354
 
If we divide up major brokerage houses and mutual funds and go from there we will make an impact. If its done each week sooner of later they will listen and take a look at our fine company.
Dan



To: BlueCheap who wrote (8409)2/3/1998 10:38:00 AM
From: Thure Meyer  Read Replies (1) | Respond to of 19354
 
Malcom, I admire your enthusiasm but I think the ball is in Fonar's court. There is no STORY until there are earnings. If Fonar has completed a number of sales and is building the equipment, let them announce that fact. If the sales are good enough to establish a real trend, then the stock will take care of itself.

I don't think any financial institution will stick their neck out on this one unless they see some measurable progress in $'s.

Thure



To: BlueCheap who wrote (8409)2/3/1998 11:33:00 AM
From: CAPT.DAN  Respond to of 19354
 
To all,

I called Dave Terry this a.m. and got the news update. HMC expects to close on two more acquisitions this qtr. and two more in the fourth qtr., with others in the works. That to me is good news while we're waiting on sales.

Hold on out there. The surfs coming up.

Dan



To: BlueCheap who wrote (8409)2/4/1998 9:09:00 AM
From: FRANK ROSSI  Read Replies (2) | Respond to of 19354
 
HI MALCOLM AND ALL,

First getting back to my little story , What I did was to point out all the groundwork that the co. has done over the last few years to build a co. from the ground up. They are increasing revenue steadily. Profit will soon arrive. Wall Street usually likes to look 6 months ahead as far as a co.'s future prospects. Since Fonar has not shown profit for some time Wall Street may want to wait until profits are actually here or wait until a large order is placed or Investment Banker is on board. I think sending Fonar's story to Brokerage houses is a great Idea but since profit is not here YET they may not be interested. BUT I think I will tell the Fonar story to my broker next time I see him because I think PROFIT is about 6 months or less away. If everyone tells their broker the story the story will get around.

YOUR THOUGHTS

FRANK