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

To: FRANK ROSSI who wrote (10601)	7/29/1998 8:46:00 AM
From: Glenn Olsen	Respond to of 19354

Frank I try to keep up here but limit my postings. If Fonar is making a pitch to the small cap fund managers then I'd just like Dave Terry to provide us with the plan details that the fund managers are getting on when Fonar expects to be profitable for the MRI segment and what the growth targets are for the PPM side in terms of revenue and acquisitions for the next 3 years. Great as a product or service might be from my experience fund managers are pretty focused on when and how it will bring revenue to the bottom line. If you cannot provide a "plan" with a time table, they eat and run. Glenn

To: FRANK ROSSI who wrote (10601)	7/29/1998 8:52:00 AM
From: James L. Fleckenstein	Read Replies (2) \| Respond to of 19354

Frank, the questions I would ask DT would be: 1) What accounts for the delay in Quad release? What "bugs" and/or "improvements" are we talking about? When is the final product going out? 2) What happened to NIR? 3) Are there surprises in store for us at RSNA? 4) Who is the market for MR 360-Rads or surgeons? 5) When do they project that the cost of revenues will be exceeded by the revenues? 6) have they secured any research hospitals to beta - test their systems 7) Why did they never send me the MR 360 materials despite all the effort in trying to get them to do so? 8) Is there a vision statement for Fonar? As FPAM and PHYC crumble we hear that Fonar does not want to be known as a PPM, despite their apparent profitability there. If it is not PPM, lawsuits-R-us, teleradiology, then I guess it is MR that they want to be known as. Is there a mission statement? As for you ideas on billing, I would be interested on Dr. Gough's opinions regarding the validity of your scenario. It is my understanding that payors give a lump sum based not on how many goodies the surgeon used to do the operation but rather gets a lump sum based on the procedure code and/or diagnosis code. I doubt you can just add in all the costs. Your idea that radiologists would use the system just for scanning is an interesting one. If the device actually only costs a milllion you might be right, but that would be sort of like using a toilet as a chair in that it would under-utilize the capacity of the system. ( I'm sure fonar would love that analogy -(g)). Radiologists do procuedrues all day long on CT scanners, so to do the same in MRI is a natural extension. But if MR is more cumbersome, they will prefer CT scanners.That is why we need a few systems out there.