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

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To: Gofer who wrote (389)1/6/1999 6:27:00 PM
From: Clement  Read Replies (1) of 768
 
Hmmm... is anyone concerned that DFX appears to be losing its focus (pun unintended)?

I read the newsrelease and I am worried that the Nautilus investment may turn out to be a diworseification to use Peter Lynch speak. I would have been happier if DFX shut Nautilus's "industrial" line down in favor of a consumer driven focus -- since that is where they have proven their ability. I guess it will also be interesting to see what type of home product they will market of Nautilus -- hopefully it will complement as opposed to cannibalize the existing market.

The investment in Nautilus appears to be a turnaround play. Perhaps I missed it but does anyone know how they generated $16M cash? ie debt/equity/conv. deb.?

Comments?

TIA,
Clement
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