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Fonar Corp. Message Board

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  • ray99_98008 ray99_98008 Sep 8, 2004 4:32 PM Flag

    The Anne McBride Company

    For a company that hasn`t made any money, this
    is another expense which is more cash burn.

    2 sales since the 1st of July is not good.
    I`m still holding my shares because they
    are getting closer to a profit. I just hope
    the revenue keeps going up, but the sales
    seem to be slumping.

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    • We don't know how many sales since July. We only know that two have been announced. It there were only two sold then I would be more concerned.
      If anyone has any information on seasonality of MRI sales for the total industry I would like to see the data. Thanks.

      • 1 Reply to l0tsaluck2000
      • IOtsaluck,

        YOU SAID ,

        If anyone has any information on seasonality of MRI sales for the total industry I would like to see the data. Thanks.

        I don't know about the entire industry but here are Fonars Stand Up sales for the last 4 years .

        As you can see the co. get the MORE sales AFTER the RSNA show during the quarters of Jan. - March and April thru June .

        July - Sept. 2000 - 0
        Oct. - Dec. 2000 - 1
        Jan. - March 2001 - 1
        April - June 2001 - 6

        Total - 8

        July - Sept. 2001 - 1
        Oct. - Dec. 2001 - 3
        Jan. - March 2002 - 4
        April - June 2002 - 8

        Total - 16

        July - Sept. 2002 - 6
        Oct. - Dec. 2002 - 2
        Jan. - March 2003 - 4
        April - June 2003 - 11

        Total - 23

        July - Sept. 2003 - 8
        Oct. - Dec. 2003 - 6
        Jan. - March 2004 - 15
        April - June 2004 - 14

        Total - 43

        As you can see the Sales CONTINUE to rise every year over the previous year .

        Some say they are worried that only 2 WERE ANNOUNCED in the last month .

        Well here is something that some are not looking at .

        Look at the totals from Jan 2003 thru Dec. 2003 .

        You have 4 , 11 , 8 , 6 = 29 sales for 2003

        Now look at the sales SO FAR in 2004 .

        15 , 14 = 29

        Fonar has sold 29 in 6 months this year vs 29 for the ENTIRE 2003 year .

        ANY SALES from July 1 until the END OF THE YEAR is GRAVEY .

        Let's say we JUST MATCH the 14 we sold last year in the last 6 months . We wind up with 43 sales vs last years 29 . A 50% INCREASE in sales vs last year .

        I'll take an INCREASE of 14 Stand Ups sold over the previous year anytime .

    • XMSR hasn't made any $$$ yet either. It's 29 today. FONR cost more than XM 2 years ago!
      Wall St. has confidence in it. Guess who they appear not to have confidence in?

      I guess it's the 'bashers' fault? If it isn't Dr. D's then it has to be them......right Frank?

      <eom>

 
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