To: David Michaud who wrote (125 ) 2/17/1999 11:18:00 PM From: eyewatch Read Replies (2) | Respond to of 209
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