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

To: Clement who wrote (257)	6/15/1998 8:11:00 PM
From: Gordo	Read Replies (2) \| Respond to of 768

> How do you rename an SI discussion Group? Just send a message to the webmistress here at SI..... Hey it looks like Mark has already done that. Thanks Mark for the update. I was going to call Rod today when I saw the stock take a pounding, but looks like you beat me to it. I can't believe how far BFX (or should I say DFX) has fallen over the last month. At $11, the stock is trading at a trailing PE of just over 15, and if Q2 comes in anywhere near Q1, we will have trailing earnings of just over a buck. The stock has dropped to below the level that it was at before Q1 earnings were announced!! The company is sitting on a pile of cash, and if they truly are going to deliver the earnings numbers that we expect, they should be buying back some stock at these prices, or at least providing a backstop to prevent the volatility at these low volumes. Congratulations Gofer on stealing some today. gord