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

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To: Clement who wrote (390)1/6/1999 7:03:00 PM
From: Gordo  Read Replies (1) of 768
 
Clement,

I also share the fears about "diworseification". I know others on this thread don't - I hope for all of us that the bulls are right. I guess it all comes down to what price tag you place on a brand, and whether or not DFX has the business acumen to execute a turnaround play on a product in a related industry, but with a remarkably different distribution channel and focus.

In terms of the $16M cash, DFX had in excess of that in the bank already, so the good news is that this acquisition is being done with no debt and no equity dilution.
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