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

To: FRANK ROSSI who wrote (10883)	8/17/1998 8:09:00 AM
From: Kenneth Xavier	Read Replies (2) \| Respond to of 19354

Hi Frank, We talked about this way back, and the biggest problem I see is that Dr. D owns umteen centers personally and privately and just uses Fonar to support his personally owed centers which are probably very profitable. IMO he insures his own centers for say a 1 year maintenance contract with Fonar for $1M, but probably gives himself $2 or $3M worth of service bleeding fonar on a consistent Basis. It should be a conflict of interest and I don't know how he gets away with it but I really don't think Fonar will ever make any real money. Do you remember how many centers he owns? If I recall it was somewhere around 30 or so. Ken