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

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To: Clement who wrote (160)12/22/1997 10:54:00 AM
From: Mark Hill  Read Replies (1) of 768
 
HI Clement,

Spoke with Rice friday. Says they have capacity for 3000 units per month. Sales still strong. Quarter should be better than last. He's going on another broker trip in January. Has a couple of new products in R&D with market test scheduled for Apr. or May. Still one year away from NASDAQ listing. Look for a nice surprise in January '98. I can't say now what. Still looking at one or two possible acquisitions which I think they need to keep them from being a one hit wonder.

Good luck!
P.S. I have owned one of their machines since Jan '88,yes 10 years. I can attest to the functionality and durability of the unit. Of course they have made a lot of little changes over the years which IMO makes the new ones that much better.

GO BFX M.H.
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