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CALLAWAY SALES FEELING EFFECTS OF EL NINO WEATHER PATTERN

          Callaway Golf said Friday that its U.S. sales "are
     getting drenched by El Nino" and the impact could "drag
     earnings" 70% below analysts' first-quarter estimates,
     according to Bruce Bigelow of the SAN DIEGO UNION-TRIBUNE. 
     The CA-based company, which was "expected" to report
     earnings of $.36 per share, said that unusually bad weather
     patterns caused by El Nino "has discouraged winter sales" of
     its golf clubs in FL and CA.  Callaway President Donald Dye
     said earnings could be "as much as" $.25 below estimates if
     weather conditions "continue unabated through the remainder
     of the quarter" (SAN DIEGO UNION-TRIBUNE, 2/28).

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