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Non-Tech : Callaway Golf -- it's a buy -- Ignore unavailable to you. Want to Upgrade?


To: Don Dorsey who wrote (142)5/14/1998 4:24:00 PM
From: Mark T. Heath  Respond to of 307
 
You may be right. I'm thinking a pullback on the slumping Asian sales is justified, but the El Nino bit I don't accept. Now with brokers putting outright sells out on the stock may be just the thing needed to flush out any weak holders left in the stock.

I personally experienced the competitive sales environment that management was discussing in the news release yesterday. On a visit to a local golf shop to buy an 8 degree driver, I noticed some surprisingly low prices on drivers including some titianium models. The Lynx Black Cat driver was selling for under $90 now. Even the latest Taylor Made was discounted from some previous prices I had seen. I still bought the Callaway despite the temptation to go with a cheaper model. I guess not everybody else is following in my footsteps though given the stock's drop.



To: Don Dorsey who wrote (142)5/18/1998 9:05:00 PM
From: Mark T. Heath  Read Replies (1) | Respond to of 307
 
I'm pleased to say that my first weekend out with my new Callaway driver was a huge success. I went down from a 10 degree driver to an 8 and added at least 20 yards to my drives.

Did anyone see the clip of Ely Callaway discussing the potential USGA rule changes on the "trampoline" effect of most new drivers during ABC's coverage of this weekend's Bryon Nelson Classic? I thought the USGA guy who responded to Mr. Callaway's comments was smug and somewhat condescending to put it mildly.

Does anyone believe that Callaway, or any other company with something at stake here, will sue the USGA to stop any changes? ABC's announcer, whose name I can't think of, stated that the USGA has never lost an "equipment" lawsuit, but didn't elaborate or mention any specifics.