SANTA ANA, Calif., Feb. 16 /PRNewswire/ -- The following is being issued
by Donner Corporation International, a member of the National Association of
Securities Dealers, CRD number 37702:
Donner Corp. International, an Investment Banking firm headquartered in
Santa Ana, Calif., issued a Speculative Buy Recommendation today on Carbite
Golf Inc. (Vancouver: CAB) and initiated coverage on the company. Carbite
Golf utilizes patented powder metallurgy technology that it has developed to
produce a superior line of golf clubs specifically designed to improve any
golfer's game.
The Donner report points to innovations in the field of golf equipment
developed by this company, particularly in the areas of inserts, surface
plating technology and dual density technology. This technology is so
effective that other golf equipment manufacturers, including Taylor Made Golf
and Orlimar, have licensed it for application in their own clubs.
The Donner report said that, "Through national exposure on the
professional tour circuit, Carbite technology gained recognition." Even
though this company did not provide paid endorsements, Carbite technology was
found in the golf bags of over 70 professionals, including the winners of all
four major tours in 1998: the British Open, the U.S. Open, the Master's and
the PGA Championship.
Since professional preference influences consumer buying trends, Carbite
has directed its marketing strategy toward golfers of all skill levels,
through a direct response approach. Utilizing this approach, the consumer may
immediately respond to the advertisement, infomercial or public product
demonstration. According to Donner analyst Libby L. Weber, "This approach has
created almost $20 million in direct consumer sales" and has contributed to
Carbite's record sales in 1998.
Copies of the report are available from Donner Corporation at
1-800-324-6050.
SOURCE Donner Corp. International
-0- 02/16/99
Will this help.
John |
