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

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To: Gofer who wrote (368)12/18/1998 11:11:00 PM
From: Clement   of 768
 
Gofer,

here's another one to add to the list: hcg.b ... a pretty boring growth story (on the TSE) -- boring is how I like it; little competition, easy business to understand (they make money on the spread)

they only do first home mortgages, they've been reporting record earnings with significant growth and yet they've only got a p/e of 7.74

shares o/s have been pretty stable and the brokerage firms (incl. Sprott) have some pretty high expectations for it.

Clement
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