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Non-Tech : Callaway Golf -- it's a buy
ELY 21.33-2.8%Sep 6 5:00 PM EST

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To: Karl Radke who wrote (14)11/5/1996 8:11:00 AM
From: steve berman   of 307
 
I don't understand it!

I got in at $33.50 on the morning earnings were announced. Earnings exceeded estimates, yet the stock has done nothing but drop since then.

I got out yesterday at $29.75. I have a bad feeling about this. It's testing support at its 200 day moving avg.

Any signs that support will hold? If not, maybe I'll get in again when its cheaper.
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