Group Created with Sketch.
Volume 24 No. 117
  • Created with Sketch.
  • Created with Sketch.
  • Created with Sketch.


     FORBES examines Cobra Golf (No. 19) and Bollinger Industries
(No. 41) on their list of the 200 Best Small Companies in America.
Cobra, a Carlsbad, CA-based company, which specializes in irons
with oversized heads and graphite shafts, earned $7.7M on sales of
$56M last year.  Securities analysts "expect Cobra's earnings to
jump to $19M on $112M in sales" this year, and since it went
public a year ago, "its stock price has more than doubled."
Cobra's closed at 36 3/4 yesterday, which is above its 52-week
high.  Cobra's clubs, made with lightweight graphite shafts which
enable golfers to hit the ball further, are a big hit with older
golfers and women.  Cobra's oversized irons -- the King Cobra line
-- has hit sales of $42M last year and are expected to top $100M
in '94 (Damon Darlin, FORBES, 11/7 issue).  Bollinger Industries
is the nation's largest manufacturer and marketer of exercise
accessory products.  The company earned $1.8M on sales of $45M in
the fiscal year that ended in March.  In the 1stQ of this year,
Bollinger's sales jumped 60%; earnings up 54%.  "Can the
Bollingers keep it up?  That depends on two things:  Will
Americans continue to feel guilty about keeping in shape?  And
will the family retain its marketing savvy?" (Christopher Palmeri,
FORBES, 11/7 issue).