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

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To: Clement who wrote (469)5/5/1999 1:20:00 PM
From: trilobyte  Read Replies (1) of 768
 
i guess some investors were speculating for a big "pop" when
they would start trading on the Nasdaq and instead we got a big
"plop". I did feel awkward about that Monday news release saying
pricing of the issue was 19-21$. After all, we are not an internet
stock! Oh well, I guess there is not much to complain when you're
in @1$. But maybe management, in retrospect will realize that they
may have not chosen the best way to do the secondary. A joint
Canadian/US deal would've probably made more sense because
the stock was mostly known in Canada. It is know time to focus
directly on direct focus' next earnings. I've got an awkward feeling
about that too: hope nautilus doesn't drag us down too much.

Trilobyte
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