COBRA HAS BIG THIRD QUARTER; REPORTS NET INCOME OF $7.1M
Cobra Golf Inc. reported a net income of $7.1M for the
quarter ended September 30, an increase of 355% from the same
period last year. The company's net sales increased by 176% from
last year to $35.1M. The company says the increase in net sales
is due to continued demand for its full set of oversized golf
clubs -- the King Cobra, Lady Cobra Oversize, and Senior King
Cobra. The company's primary focus is on oversize and graphite
shafted clubs marketed under the King Cobra brand name (Cobra).
Cobra was +2 3/8 yesterday.