Callaway Golf -- it's a buy Message Board

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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: JBruin who wrote (236)	2/16/1999 4:19:00 PM
From: Jeff Mills	Read Replies (1) of 307

JBruin-- I am not short ELY because I do not know how the market will react to the news. If the stock were at $20, then I would be short. But at $10 it is a different story. I am confident with the info because I am the one that has read/heard with my own ears and eyes the news I am telling you. This is what I know: 1. Callaway is thinking about destroying $30 Million dollars worth of inventory and writing it off to shareholders. 2. Edwin Watts will begin selling Great Big Bertha's and Biggest Big Bertha's at roughly $9 above cost due to the huge amounts of inventory they are sitting on. I will leave it to you to decipher that news and what it means to future orders for GBBs and BBBs. This will be my last response to you. I will not respond to your banter. It is very childish. Good luck in Callaway---you are going to need it.

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