SBD / 5 / AMF BOWLING ROLLS A STRIKE ON NYSE UNDER PIN

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AMF BOWLING ROLLS A STRIKE ON NYSE UNDER PIN

Published November 5, 1997

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          VA-based AMF Bowling debuted on the NYSE yesterday
     under the symbol PIN, and finished up 11.5% for the day,
     according to Bob Rayner of the RICHMOND TIMES-DISPATCH.  AMF
     opened at $19.50 per share but closed up $2.25 at $21.75.
     AMF President & CEO Doug Stanard said the company raised
     about $300M from the IPO after expenses.  Standard: "This
     will allow us to pay down debt and continue to fund our
     bowling center acquisitions" (RICHMOND TIMES-DISPATCH,
     11/5).  CNN's Lou Dobbs reported that AMF raised $263M "on
     its big board debut" ("Moneyline," CNN, 11/4).
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