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To: GARY P GROBBEL who wrote (19943)	4/19/2004 4:00:26 PM
From: GARY P GROBBEL	Respond to of 120405

You could just tell watching TAIT that it was going to make a move....i'm sure we will see others tomorrow as this low out, low flt push continues....

To: GARY P GROBBEL who wrote (19943)	4/19/2004 11:07:23 PM
From: Chris Forte	Respond to of 120405

Just got the Adams Golf (ADGO) letter to the shareholders. The company doesn't put out much information so maybe this has something to do with the recent spark in volume and new 52w high. Some highlights... Sales in 2003 up 34% Strengthened financial position. Ended year with over $10 million in cash and no long-term debt "Our marketing efforts in 2003 included the expansion of our staff of PGA Champions Tour players. We believe our association with professional golfers enhances our credibility and provides valuable exposure for the Adams Golf brand. Tom Watson, our signature player, was number one on the Champions Tour money list in 2003. In fact, five of the top nine players on the 2003 money list were Adams Golf staffers. As the 2004 golf season begins, we're excited about future opportunities to grow our business. From our expanded R&D capabilities, to successful products that we believe have enhanced our brand position and strengthened our trade relationships, to a lean and seasoned organization motivated to repeat and improve on 2003's results, we like our current position." Chris