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WHAT HAS TIGERMANIA REALLY MEANT TO GOLF INDUSTRY?

          While golf has "never been more popular on" TV, the
     golf industry "isn't booming," according to James Sterba of
     the WALL STREET JOURNAL, who writes that since the industry
     "boomed" in the '80s, it has "managed to ride the biggest,
     longest wave of economic prosperity in American history to
     almost nowhere.  And so far, Tigermania has created far more
     spectators than golfers."  Sterba cites statistics which 
     "show that the game's key indicators -- the number of
     golfers and the amount they play -- have stagnated for a
     decade."  National Golf Foundation President Joseph Beditz
     said that the "latest figures ... reveal another flat year"
     in '99, as about 26 million U.S. golfers "played around" 530
     million rounds of golf last year -- "not much more than" in
     '98.  Beditz added that while about three million people
     "take up the game annually, ... nearly three million ...
     also drop out."  Beditz said golf's "tremendous exposure has
     created the impression of a boom," but Sterba writes that TV
     exposure hasn't translated into increased participation
     because golf "is too expensive, too time-consuming, too
     intimidating and too difficult, say dropouts."  More Sterba:
     "The other Tigermania -- the infusion of fresh, young,
     diverse hoards of new golfers into the game -- has yet to
     happen.  Somewhere between watching their hero on TV and
     becoming golfers, many of them stumble into a thicket of
     intimidation, cost and access" (WALL STREET JOURNAL, 4/13).

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