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

To: Adelantado who wrote (10781)	8/12/1998 2:28:00 AM
From: BBurrows	Read Replies (2) \| Respond to of 19354

<<Will someone please explain why he or she thinks FONAR is a great company when the price is falling so sharply. I can't see anything in FONAR that can't be explained using two words: poor management.>> I'll explain why it IS a good investment in two words: BIG PICTURE!!! We have a great opportunity to buy this stock at an incredible bargain. Think of it this way. Fonar is corning the market in open MRI, including the new OR360. The interest WILL be there when the new Quads are introduced but we may have to wait for the RSNA show in November for this to happen. Patience goes hand in hand with good investing. No bad management here, just a group of long-term thinkers who are anticipating the new direction MRI will take. Open MRI and surgical MRI. Fonar will become the new dominant player in these areas. To capitalize on any investment, you must also become a long-term thinker and anticipate what Fonar is about to become. Personally, I'm holding off to buy more when I see the market settle down and the price has seemed to bottom out. Don't know what that will be yet but I'm loading up the wagon at that time. My prediction is that Fonar will be over $10 by the end of this year. No hype, just my guess. Good luck to all.

To: Adelantado who wrote (10781)	8/12/1998 7:38:00 AM
From: jonj	Respond to of 19354

1)People are not buying fonr becaus it is a great company, it is because of the possibility of being great. 2)They have an excellent product and plenty of cash in the bank for r&d to keep it that way. 3)The steps they are taking suggest they(fonr) believe success is just around the corner. 4)They certainly have the expertise on board to do great things. 5)PPM's are proving to be profitable when hardly anybody else in the sector seems capable of turning a profit. 6)$$$cash on had and ?????debt. 7) Their excellent web page. HA!(Think this one goes in the con side) Great companies dont sell for a nickel or two shy of two bucks, however, expectation with risk allows folks to buy enough shares in one that just might get there.