LONG LIVE THE KING: CALLAWAY/TAYLOR MADE SETTLE DISPUTE

          Callaway Golf has "ended its high-profile legal battle"
     with former Callaway exec and current Taylor Made-adidas
     Golf President MARK KING, according to Mike Freeman of the
     SAN DIEGO UNION-TRIBUNE.  Under terms of the settlement,
     Callaway "no longer seeks" to have King removed from his
     position at Taylor Made, and King "agrees not to reveal
     Callaway trade secrets."  In addition, Taylor Made will
     "screen King from participating in certain golf ball-related
     activities until the end of this year, when his employment
     contract with Callaway would have expired."   Other terms
     were not disclosed.  In its suit, Callaway argued that its
     golf ball secrets were "so threatened" that King should be
     barred from working at Taylor Made (UNION-TRIBUNE, 1/15).