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Gold/Mining/Energy : Direct Focus Inc. (DFXI) -- Ignore unavailable to you. Want to Upgrade?


To: trilobyte who wrote (246)4/22/1998 8:36:00 AM
From: Gofer  Read Replies (1) | Respond to of 768
 
Trilobyte, you're absolutely right. Why sell a still undervalued stock. I bought more at $14.40 yesterday. Sure, I wish I'd bought more at $4, but you can't get back there. $20 would be a reasonable price now. The $0.37 certainly surprised me, my guess was 0.25, but it's clear that the economies of scale are at work.

On the name issue, if they are selling digital cameras or video equipment, then "Direct Focus" is interesting. I think they would have trade-mark problems with that name. There's already a "Focus Direct" marketing company in the USA and a Direct-Focus web site in Hong Kong that sells cameras.

Cheers, Gofer