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

To: BlueCheap who wrote (10848)	8/14/1998 9:13:00 PM
From: David C. Burns	Respond to of 19354

<<Dr. fleckenstein, in your article you didn't mention Fonar's OR-360, WHY?>> Malcolm, it's there, just not by name: "Given the track record of FONAR in pioneering the open design, it is not surprising that they are a contender for being king of the market: (http://www.fonar.com/pr12000b.htm). The Quad 12000 boasts the strongest magnetic field in the open magnet marketplace (from a radiologist's viewpoint, magnetic field strength is the primary unit of currency in terms of image quality). Extension of this technology was exploited by FONAR to develop an entire operating room inside a MRI device, allowing surgeons to perform operations while standing within the magnet- this was unveiled as a works-in-progress at the annual Radiological Society of North America in November 1997. Dedicated-use open systems are also described to be in development with a stand-up spine device and a breast-scanning device being rumored."

To: BlueCheap who wrote (10848)	8/15/1998 3:37:00 PM
From: Bill Fortune III	Respond to of 19354

Greetings all. UPDATED Closing Price information since July 1, 1998 on FONR: (with information added from previous post) Date = Close = Volume = + or (-) = Percent 8/14/98 = 1.7500 = 81,400 = Unchg = 0.00% 8/13/98 = 1.7500 = 87,500 Unchg = 0.00% 8/12/98 = 1.7500 = 65,700 = (0.031) = -1.74% 8/11/98 = 1.7810 = 110,900 = (0.125) = -6.56% 8/10/98 = 1.9060 = 100,800 = 0.093 = 5.13% 8/7/98 = 1.8130 = 158,200 = (0.062) = -3.31% 8/6/98 = 1.8750 = 71,800 = (0.063) = -3.25% 8/5/98 = 1.9380 = 185,400 = 0.032 = 1.68% 8/4/98 = 1.9060 = 266,200 = (0.094) = -4.70% 8/3/98 = 2.0000 = 80,100 = (0.031) = -1.53% 7/31/98 = 2.0310 = 75,700 = Unchg = 0.00% 7/30/98 = 2.0310 = 10,620 = (0.032) = -4.42% 7/29/98 = 2.0630 = 160,700 = (0.062) = -2.92% 7/28/98 = 2.1250 = 131,800 = 0.094 = 4.63% 7/27/98 = 2.0310 = 105,700 = (0.032) = -1.55% 7/24/98 = 2.0630 = 76,600 = Unchg = 0.00% 7/23/98 = 2.0630 = 228,300 = Unchg = 0.00% 7/22/98 = 2.0630 = 228,300 = Unchg = 0.00% 7/21/98 = 2.0630 = 97,000 = Unchg = 0.00% 7/20/98 = 2.0630 = 81,600 = 0.032 = 1.58% 7/17/98 = 2.0310 = 234,500 = (0.094) = -4.42% 7/16/98 = 2.1250 = 154,200 = Unchg = 0.00% 7/15/98 = 2.1250 = 62,000 = (0.031) = -1.44% 7/14/98 = 2.1560 = 136,500 = (0.094) = -4.18% 7/13/98 = 2.2500 = 93,300 = (0.031) = -1.36% 7/10/98 = 2.2810 = 106,800 = (0.032) = -1.38% 7/9/98 = 2.3130 = 111,100 = (0.031) = -1.32% 7/8/98 = 2.3440 = 106,300 = 0.031 = 1.34% 7/7/98 = 2.3130 = 119,600 = (0.062) = -2.61% 7/6/98 = 2.3750 = 99,500 = (0.063) = -2.58% 7/2/98 = 2.4380 = 128,200 = Unchg = 0.00% 7/1/98 2.4380 161,100 Since 7/1 = ----- = 3,917,420 = -$0.688 = -28.22% Latest Price = $1.7500 Highest Price = $2.4380 Lowest Price = $1.7500 Avg Price = $2.0586 Total Vol = 3,917,420 Trading Days = 31 = 100.00% Up Cosings = 5 = 16.13% Down Closings = 17 = 54.84% Unchanged = 9 = 29.03% RECENT 30 DAY CHART SHOWING THE FOLLOWING: Top 2/3 of the chart: Bollinger Bands: Bollinger Bands are a type of envelope (or trading band) plotted at standard deviation levels above and below a moving average. Because standard deviation measures volatility, the bands widen during volatile markets and contract during calmer periods. Sharp price changes tend to occur after the bands tighten, after volatility lessens. When prices move outside the bands, a continuation of the current trend is implied. Bottoms and tops made outside the bands followed by bottoms and tops made inside the bands call for reversals in the trend. A move that originates at one band tends to go all the way to the other band. This observation is useful when projecting price targets. Lower 1/3 of the chart: The stochastic indicator attempts to determine when prices start to cluster around their low of the day for an uptrending market, and when the tend to cluster around their high in a downtrending market. Lane's theory is these are the conditions which indicate a trend reversal is beginning to occur. The stochastic indicator is plotted as two lines. They are the %D line and the %K line. The stochastic is plotted on a chart with values ranging from 0 to 100. Readings above 80 are strong and indicate that price is closing near its high. Readings below 20 are strong and indicate that price is closing near its low. bigcharts.com In my opinion and estimation of the above information it appears that FONR is about ready too do a reversal to an price up-trend. You will need to judge this for yourself but to me all indications point in that direction. Regards, Bill Fortune III