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Gold/Mining/Energy : Direct Focus Inc. (DFXI)
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To: diddlysquatz who wrote (85)9/8/1997 9:46:00 AM
From: trilobyte   of 768
 
Well, Paul, news is out this morning.

BFX announced ANOTHER 2 million US month of
sales for August, despite the UPS strike,
they mention. This puts their 2 month revenue
this quarter already past that of all of
last quarter.

So for what it's worth, I remember BFX doing
6cts/share last quarter. So This quarter, we're
looking at 8-10cts/share CDN! Now this puts us
at a run-rate of 32-40cts/share for the next
four quarters. It would appear that a reasonable
share price, based on a p.e of 20 is 6.40$-8$.

I'm upping the stakes! Hold on to your hats.
Consolidation may occur at a much higher level
than 1.65-1.80$ you suggest.

Have a good day,

Trilobyte
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