I WANT TO RIDE MY BICYCLE: PROFLEX ACQUIRES BIKE SHOCK MAKER

     ProFlex, the only mountain bike company focused exclusively
on full-suspension products, has acquired Noleen, the mountain
bike shock absorber company which makes the NR Series of Mountain
Bike Shock.  ProFlex parent, Girvin, Inc., is a subsidiary of K2
Inc., a designer, manufacturer and marketer of brand name
sporting goods, and other recreational and industrial products
(ProFlex).
     MOUNTAIN BIKES HIT THEIR PEAK? FORBES examines the passing
of GT Bicycles founder Richard Long.  GT Bicycles' "chief
visionary" leaves the company at a time when, according to the
Bicycle Market Research Institute, mountain bike sales will drop
for the first time in ten years, to $1.5B from $1.6B in '95
(FORBES, 8/26 issue).