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

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To: diddlysquatz who wrote (237)4/20/1998 1:58:00 PM
From: Gordo  Read Replies (2) of 768
 
$0.37 EPS!!! UNBELIEVABLE!!! Is this company printing money or what? The stock seems to have found a new home around $14 today, which gives the stock a trailing P/E of about 20.

If one was to forecast a forward price based on the current earnings, we could see $1.48 EPS over the next twelve months (assuming earnings stay flat at Q1 levels), and at a P/E of 20, a price around the $30 mark. This assumes zero impact from the new product.

Pinch me, I must be dreaming!!!

gord
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