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Gold/Mining/Energy : Direct Focus Inc. (DFXI)

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To: Ciao who wrote (79)8/20/1997 8:56:00 AM
From: Clement   of 768
 
Andrew & Ciao,

I'm surprised, you should have been jubilent re the lack of promoting and increasing fundamentals. Bowflex has proven their new sales translating increased sales into increased profit. However, to think that it will continue to go gangbusters all year is somewhat unrealistic but not impossible -- health equipment/health clubs have different cycles on financial and the calendar year.

If it drops, management should have proven itself sufficiently, and I would buy. After all, no debt, increased sales, a few new products, I would hope that it increases innovation though and perhaps go the way of the Nordic Track for strength earlier in the decade. Such a great stock cannot remain hidden as long as it keeps on doing well as a company. Just a matter of time, and lots of patience.

Cheers,
Clement
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