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


To: BlueCheap who wrote (9785)5/23/1998 12:16:00 PM
From: Adelantado  Read Replies (1) | Respond to of 19354
 
I do not believe that a distribution of the GE money as stock to presnt holders is a positive move for FONAR. It is certainly nice (short term) for the investors, but a more positive move for FONAR (and thus a long term advantage to his investors) would had been a market buyback of stock. Not only would the decrease in shares on the street increase e/s but would also raise the price by creating a buying momemtum. We might have even gotten onto NASDAQ and finally be noticed.

Anyone else share that view?

Joe.