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

To: Clement who wrote (419)	2/22/1999 10:35:00 AM
From: Gordo	Read Replies (1) \| Respond to of 768

Well, yet another earnings surprise from our favorite company. I had been using 20% net profit margin to calculate my earnings estimate based on Q4 revenue, but it looks like they exceeded 25% net profit margin for the quarter and 22% for the year. WOW!! There appears to be one typo in the release - the EPS is quoted as $1.28 for the year in the text - this is the US earnings number. The correct number in Canadian dollars is in the financial summary at the bottom - $1.99 (fully diluted) for the year. gord