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THE DRAIN OF THE WEB SITE LEADS TO SALE AT MAMMOTH GOLF

          With its four golf properties "on the sales block, just
     how mammoth Mammoth Sports Group will look at month's end
     remains to be seen," according to Ryan Herrington of GOLF
     WORLD BUSINESS.  Execs of the MD-based company confirmed
     that Mammothgolf.com, along with the "recently acquired"
     Austad's golf catalogue, its 10,000-square-foot retail store
     and its component club business are being "aggressively
     shopped."   Speaking for Mammoth Sports, William Nixon,
     President of Nixon & Associates PR, said that "the decision
     to sell the properties is necessary to address mounting debt
     accumulated by Mammothgolf.com during the last several
     months as the nascent Internet retailer tried to develop its
     brand name."  Selling the other three companies, all of
     which are profitable, would "allow the company to meet its
     obligations with Mammothgolf.com's group of primarily
     private investors and vendors and then allow it to be
     purchased by a new, secure owner."  A sale of the divisions
     could occur in two weeks (GOLF WORLD BUSINESS, 6/14). 

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