Fonar Corp. Message Board
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FONR won patent infringement suit against GE and many others!
"Raymond Damadian, M.D., fonder, president and CEO of FONAR is credited with the discovery that is the basis for magnetic resonance scanning in 1970. The company has a score of patents and has been successful in challenging much bigger companies in numerous patent infringement cases. On May 27, 1997, the U.S. Supreme Court ordered General Electric (GE) to pay FONAR $128,705,766 for its infringement of FONAR's patents. The company has also obtained satisfaction from nearly every one of its competitors in the MRI industry, including Toshiba, Siemens (SI), Shimadzu and Philips (PHG)."
Sentiment: Strong Buy
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Who got that $$$? I lost a fortune when stock was $60 - $80. Look oit BELOW!!!!!!!!!!
Sentiment: Strong Sell
- 1 Reply to friedinvestor
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sounds like you bought GE in year 2000 before it plunged!!!
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Where'd you read that, on the wall of a cave? Ooollllldddd news.
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Back then the news did nothing more than a temporary up and then way back down!!!! Its trademark of guaranteed unsustainable up side!!!! Watch the continuous replay!!!
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Great story, too bad its 15 years old, do you have anything a little more current?
- 1 Reply to vanchee1
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I agree 500%!!!!!!!!!!!!!!!!!!! pos IMHO
Sentiment: Strong Sell
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