WOMEN'S SPORTS FOUNDATION DELAYS WOMEN'S GLOBAL CHALLENGE

          The Women's Sports Foundation Board of Trustees has
     elected not to move forward with a proposed '99 Women's
     Global Challenge and will instead shift its focus toward a
     2001 launch of the DC-based event.  Women's Sports
     Foundation President Benita Fitzgerald Mosley: "We found
     corporate America to be very receptive and excited about the
     event.  However, 1999 sponsorship resources were simply not
     available to assure the level of support we needed for a
     first-class launch of the Challenge" (Women's Sports
     Foundation).  Both Lifetime and CBS had signed as media
     partners for the '99 Global Challenge (THE DAILY).