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Technology Stocks : Adam's Golf (ADGO) -- Ignore unavailable to you. Want to Upgrade?


To: Scoobah who wrote (11)11/15/2006 12:20:58 PM
From: Markyj  Read Replies (2) | Respond to of 18
 
I think you're right. Although golf is a tough business, I've always thought that Adams makes a good product and if they can wait out the lull that has been happening they may have a chance to really make some strides. I don't think the market is $400.00 drivers, but reasonably priced, quality products. That's where the market is going. People are wise to the fact that they are seeing the driver they just shelled out $400.00 for being discounted to $250.00 3 months later and are falling for that less and less. Couple that with the fact that the retail world is getting smaller (dicks buying golf galaxy, etc.) and big box stores like Costco and you can see that the margins are becoming less and less for the companies selling premium items.

It wil be interesting to see what happens in the next five years. I'm looking forward to it. Thanks for the take.