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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN) -- Ignore unavailable to you. Want to Upgrade?

To: Kevin who wrote (2775)	7/2/1998 6:54:00 PM
From: TechnoWiz	Respond to of 2897

Hi Kevin: I wouldn't write Fonar off just yet. It's technical performance this past week was quite impressive and implies a reasonable chance of a good burst to the upside. Got a beautiful buy signal on FONR at $2 and it closed just over 2.40. It does have a strong three year base formation that suggests that if the stock can build on the move that just began, it could test 52 week highs of $4 at a stretch or $3 at the very least. The technical picture kind of fits with T-Man's comments and I trust his judgement. I've heard other good things re FONR of late which appears to support what is happening tecnically. Of course a breakout above the base could potentially be exceedingly bullish. Still, for me to be a believer, I've got to see some immediate follow-through from here, so I understand where you are coming from. Have a nice weekend and a great holiday to y'all Best regds Wiz