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

To: FRANK ROSSI who wrote (10818)	8/14/1998 10:37:00 AM
From: valuehunter	Read Replies (1) \| Respond to of 19354

Dr. F----outstanding!!!!!!!!!!!!!!!!!!!!!!!!!! Why not send a copy to FONR's PR firm w/ an attachment letter. They could get a real good feel from it as to what is needed on their end.

To: FRANK ROSSI who wrote (10818)	8/14/1998 11:57:00 AM
From: daveG	Read Replies (2) \| Respond to of 19354

Hi Frank and all, To those who keep thinking that the Co has no business plan it is and always has been in the sec filings. The following is oage 1 of 2. Just because they have completely changed focus in the last year and have not communicated that change to their shareholders does not mean that they do not have a plan. The principal reason for the Company's operating losses is low product sales volumes. Sales revenues attributable to the Company's medical (MRI) equipment business (sales and service) were approximately $5.8 million for the first nine months of both fiscal 1998 and fiscal 1997 (against costs of revenues attributable to the Company's medical equipment business of approximately $7.6 million for the first nine months of fiscal 1998 and $7.8 million for the first nine months of fiscal 1997). The Company's efforts to improve equipment sales volume is focused on research and development ($4.6 million for the first nine months of fiscal 1998 as compared to $3.8 million for the first nine months of fiscal 1997) to improve the competitiveness of its products and increasing marketing and sales efforts. The Company's QUAD (TM) 7000 and QUAD (TM) 12000 MRI scanners, together with other research and development projects, are intended to significantly improve the Company's competitive position. The QUAD scanners are totally new non-claustrophobic scanners not previously available in the MRI market. At .6 Tesla field strength, the QUAD 12000 magnet is the highest field "Open MRI" in the industry, offering non-claustrophobic MRI together with high-field image quality for the first time. The Company expects marked demand for its high-field "Open MRI" scanners since image quality increases as a direct proportion to magnetic field strength. In addition, the Company's new scanners provide improved image quality and high speed imaging at costs that are significantly less than the competition and more in keeping with the medical cost reduction demands being made by our national leaders on behalf of the public. In addition to the QUAD scanners, the Company is completing the development of two new MRI scanners which are intended to enhance the Company's competitive position and revenues. At the MRI industry's annual trade show, RSNA (Radiological Society of North America), in November 1997, the Company introduced a new model scanner, the OR 360, one of its latest works-in-progress. Most of the design work for the OR 360 has been completed and construction of a prototype is approximately 60% complete. The Company expects to complete development of the OR 360 and apply for FDA approval by October, 1998. The Company estimates the approval process would take approximately three months. The OR 360 has an enlarged room sized magnet. Consequently, surgical teams may perform conventional surgery on the patient inside the magnet. Most importantly the surgeon can obtain the MRI image in real time during surgery to guide him in the surgery. Thus surgical instruments could be introduced directly into the body and guided to the malignant lesion by the MRI image. The number of inoperable lesions should be greatly reduced by the availability of this new capability. *********** one more page to follow..... Reminder none of his is new it is on free edgar......