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


To: BBurrows who wrote (10782)8/12/1998 11:42:00 AM
From: luis a. garcia  Read Replies (1) | Respond to of 19354
 
I think Warren once got some figures which indicated MRI was becoming more accepted and it was projected to see more use next century.
The market size was 2 billion dollars after 2000... What is propelling
the growth of MRI is the new cheaper machines and unique applications which require this medium for analysis and intervention.
If you secure a portion of this market in relation to the size and cost structure of your organization you win. Can fonr do this? Its a management problem not a technical one. Will the stock trend up... I think it will but there are pitfalls to this occurring. Again management will show the way after in this case they try increasing production to the size of their swelled heads etc... everything else first of course...ultimately they will restructure and move forward.
Until then we may see a tradable rally at around the time of RSNA which tends to be fuelled by hype and sales...and new introductions etc...
luis



To: BBurrows who wrote (10782)8/13/1998 12:36:00 AM
From: Adelantado  Read Replies (2) | Respond to of 19354
 
<<. 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. >>

In other words, BB you don't have enough confidence in FONAR to invest in at this price either. I guess you've created a new definition of what a "great company" is or should be.

Joe.