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

To: FRANK ROSSI who wrote (10774)	8/11/1998 7:34:00 AM
From: Glenn Olsen	Read Replies (1) \| Respond to of 19354

Hi Frank Toshiba money. Part of the downward spiral was the settlement with Toshiba. Many people had expected another $100million victory and whatever the agreement was, that wasn't the number. I'd be pleased/surprised if Fonar got $25 million. The price has acted like $5 million or so and much disappointment. Fonar has to get the PR group rolling. The stock price has been battered by Asia (less foreign markets), Health companies failing, disappointment in the Toshiba settlement, no sales announcments and a general lack of stated direction where the average investor can truthfully say things are bad but Fonar is following a state game plan to get to big $. Maybe the dog and pony shows for the small cap funds will provide the details. Fonar as a small company makes it very hard to analyze because it is in different lines of business and has never been very good at telling the investment community what the business plan is. Developing new technology buying PPM and selling more isn't a passing grade business plan. They keep omitting the "how's" and "when's". Still with all its flaws, if Fonar has $80 million in its coffers, there have been a lot of foolish people being separated from their money. Glenn