SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Direct Focus Inc. (DFXI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: trilobyte who wrote (479)5/10/1999 4:59:00 PM
From: Clement  Read Replies (2) of 768
 
Trilobyte,

I guess what they say about the more things change the more they stay the same... Although I guess I'm not clear as to whether or not people bailed because it appears to be tradition (there has always been a runup prior to earnings release with a subsequent drop -- sometimes rather substantial) or whether there is anything actually disappointing in this release... Personally I thought things might have been a lot worse than this.

I think the profit margin drop should have been expected since it is a different business altogether that direct focus has entered (ie selling to healthclubs, etc.). I'm glad to see however that earnings are much higher than any losses during integration, etc.

An area that significantly concerns me is the dramatic rise in receivables and inventories. I hope they aren't "stuffing the channel" but I guess Nautilus has seen such a decline in sales and market share that any growth is sustainable. Does anyone know why this has almost tripled?

Also, does anyone know whether or not the shares from the new issue is included in the EPS calculation? It shows only 9,902,037 fully diluted but the release from the underwriter has 10.3 million shares. I suspect the answer is no, but the second question then is: does the cash amount include the amount raised from the equity financing?

Clement
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News