FINANCE NOTES

          GOLFWORLD's Steve Pike reports sources say ski industry
     manufacturer K2 "is interested in buying a golf-equipment
     company."  K2's plans, however, might be on hold because of
     "slumping" in-line skate sales.  The company projects a 42%
     decline in 3Q earnings and a 9% decline in revenue
     (GOLFWORLD, 10/3)....MO-based Rawlings Sporting Goods Co.
     Inc. lost $715,000 last quarter, but reported that profit
     for its fiscal year was up 3.8% to $5.4M (ST. LOUIS POST-
     DISPATCH, 10/8)....Tommy Armour Golf CEO Michael Magerman
     will take a leave of absence, designed to enable him to
     focus his energies on purchasing Tommy Armour Golf Company
     from U.S. Industries (Armour Golf).