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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (7388)6/5/1999 6:33:00 AM
From: Wallace Rivers   of 78687
 
Jim:
This is definitely a FWIW, but I'd thought I'd throw this in. My step-brother is a golf pro, formerly repped Snake Eyes (bought by Golf Smith), now reps Wright Golf (Dr. Gil Morgan highest profile player). Says the market for the second tier guys now (IMHO Adams is in that category) is very, very, tough. Knows guys who rep Titleist, Taylor, Callaway, etc., who do very, very, well, the phone rings constantly.
From what I understand, Adams has a good product, although it does nothing for me (although the Faldo wedge series is kind of interesting), because I am one of those tried and true ELY guys. My brother also says that another part of the problem with Adams is the fact that Faldo seems to have hit a very rough stretch in his career, which does zilch for marketing the product.
The balance sheet on the company is awesome, however.
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