DFXI..One of top 10 nasdaq growth, 220% earnings growth rate with a PE of only 18 (peg ratio .32) and trading at 12 times next years earnings. The entire daily chart forming a cup and handle with breakout at 24 1/2 support at 21 13/16... potential here. featured in IBD New America Page on 11/10/99..
On November 4, 1999 Van Kasper & Company analyst Eric Wold issued a 1 page Company Report on Direct Focus, Inc. Report highlights: 'The company is expected to generate December e-commerce sales of $3 million. As a result, a BUY rating was reiterated with a 12-month price target of $48 per share
VANCOUVER, Wash.--(BUSINESS WIRE)--Nov. 19, 1999--The Red Chip Review has added Direct Focus, Inc. (Nasdaq:DFXI - news), a marketing company with a direct business model, to its coverage of small- and micro-cap stocks.
The Red Chip Review joins D.A. Davidson & Co., First Security Van Kasper, John G. Kinnard & Company, and SunTrust Equitable Securities in providing analyst following of the company.
The Red Chip Review is the nation's leading source of information on small- and micro- cap stocks, providing in-depth research and analysis through a variety of formats including a popular bi-weekly publication and several online services. Analyst Jeff Martin initiated coverage of Direct Focus with a ''B'' rating which is based on a company's strength in its balance sheet, management and potential stock appreciation.
Direct Focus, Inc., a marketing company with a direct business model, currently markets three lines of products -- Nautilus fitness equipment, Bowflex home fitness equipment and Nautilus sleep systems. For the first nine months of fiscal 1999, sales were $83.1 million -- up 116 percent from the same period a year ago. Net income of $14.0 million (before a one-time charge) increased 87 percent |
