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


To: Adelantado who wrote (9787)5/23/1998 12:37:00 PM
From: Patricia L. Clews  Read Replies (1) | Respond to of 19354
 
| ------ | Respond |

To: +Malcolm Lindsey (9785 )
From: +Joe Chalverus Saturday, May 23 1998 12:16PM ET
Reply # of 9787

<<
I do not believe that a distribution of the GE money as stock to presnt holders >>

To keep DISINFORMATION from being carelessly thrown about, this stock is the result of a class action suit against Fonar by one of it's shareholders.

The cash dividend the common and preferred are getting on Tuesday is a SMALL % of the settlements from Hitachi, Philips, Siemens, and GE. THAT was set up by Fonar back in '95 and increased slightly by the class action lawsuit. Gee, it's really hard for newcomers to understand what went on years ago. I'm just trying to help clarify it in your mind Joe. How long have you followed the stock?

BTW, I think you're right about some things. I'll just stop at that. ;-)

Patti