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

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To: Gordo who wrote (462)5/4/1999 11:31:00 PM
From: trilobyte  Read Replies (1) of 768
 
Hi Gordo,

your broker may not check, but the government
might/will check... Isn't that what you should
be worried about? Don't we all know that DFX IS foreign
content ;)

Sure Sprott can be upset. But why should they?
They've made a ton of money on the stock. As for
BFX/DFX/DFXI, I'm not surprised they're saying
good riddance to the TSE. They've shown incredible
growth but good old Canadian investors have only
been willing to give them a p.e. <20! If the
canadian market had been more generous, they might
be doing the secondary at twice the price. And as for
there being no market for DFXI on nasdaq: ya right!
can't beat the canadian 5000 shares/day trading.

We may yet tumble... but I think 150% growth and p.e.
around 17 might attract alot of them "shy" US
investors. At least today, someone was supporting the
stock big time.

Let's see what happens on the SCARY nasdaq (I can
remember a year ago when this is what everyone was
hoping for: a nasdaq listing).

good luck all,

Trilobyte
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