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


To: FRANK ROSSI who wrote (10595)7/28/1998 5:30:00 PM
From: valuehunter  Respond to of 19354
 
Been reading the last few posts and they are all the same "FONR first
with this, first with that, etc.etc etc". I realize about the lawsuit
& settlement $$$, BUT it is still a $2 stock with insignificant sales.
Also, is it possible that the small cap fund mgrs can glean some info
about Toshiba settlement before the 10Q, such as approximately " " or
in the area of " "? Or is it strictly verboten even to give ballpark
estimates?



To: FRANK ROSSI who wrote (10595)7/28/1998 7:01:00 PM
From: BlueCheap  Read Replies (2) | Respond to of 19354
 
The CHEAP Investor made this statement in the August issue which just came out, I think this could have a HUGE impact....

"Fonar is gearing up to manufacture a lot of Quad scanners and OR-360's. The company thinks the market for the new surgical technology is huge and Fonar could be a major player in this emerging field. We've learned that some of the recent patent infringement agreements between Fonar and the companies it sued (i.e. Toshiba, etc.) restrain them from competing in this new marketplace. That's a creative tactic to reduce competition."

I read that and it makes me think that it is quite possible that the 3 other companies may have SETTLED already. PLUS that kind of agreement has to be HUGE, not to mention the CASH..

fonar.com

Regards,
Malcolm