COBRA GOLF REPORTS HUGE JUMP IN NET INCOME AND SALES
Cobra Golf Inc. reported a net income of $5.2M for the 4th
quarter ending December 31, an increase of 220% from net income
of $1.6M for the same quarter in '93. The company's net sales
increased by 130% to $29M in the quarter up from $12.6M in '93.
Cobra attributes the increase in net sales and net income to
continued demand for all of its oversize product lines, which the
company claims is partially a result of their increased marketing