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

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To: Mark Hill who wrote (267)7/6/1998 10:49:00 AM
From: Gordo  Read Replies (2) of 768
 
Here's the full release from Stockwatch:

Direct Focus Inc
DFX
Shares issued 9,289,808
1998-07-03 close $14.7
Monday Jul 6 1998
Mr. Brian Cook reports
Direct Focus' sales for the second quarter ended June 30, 1998, reached
$12.2-million - an increase of 230 per cent from $3.7-million in the same quarter
a year ago.
The second quarter marked the sixth consecutive quarter of record sales growth
for the company.
For the six months ended June 30, 1998, sales of $23.3-million increased 253 per
cent from $6.6-million in the comparable 1997 period, surpassing full year 1997
sales of $19.9-million.
Direct Focus expects to release full financial information for the second quarter on
July 20, 1998.
The growing sales momentum is fueled by expanded television advertising on the
company's home fitness equipment line, a higher rate of converting information
requests into sales, an expanded product line and improved access to
non-recourse financing for customers.
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