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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: steve berman who wrote (15)11/5/1996 9:15:00 PM
From: Karl Radke   of 307
 
Well, I have no idea about technical analysis of ELY, but ask yourself if there is any real reason to sell other than the stock price not holding up lately. I consider it all short-term as ELY has never demonstrated an inability to prove its worth. You think of golf equipment, and who do you think of? Callaway, that's who. I happen to think that tech stocks are attracting the weaker hands of some, consequently driving ELY's share price down and other techs up. I can't point to anything that's wrong with this company right now - it's only the stock that seems to be giving people fits. I'd say just sit tight.
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