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

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To: Mark Hill who wrote (279)	8/20/1998 1:10:00 PM
From: Gordo	Read Replies (1) of 768

Had a chance to talk to Rod Rice yesterday. In terms of Q2 financials, Rod stated that the margins are representative of what they believe they can achieve on a go-forward basis (specifically 18% profit margin), and that Q1 was really a "perfect" quarter, which will be very difficult to replicate (23% profit margin). Even at 18% of revenue, DFX is still generating very healthy profit margins, far better than the huge majority of companies out there. Rod would not give any more hints on their new product (although I didn't really push too much as we will all know on Monday). gord

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