Sponsorships Advertising Marketing

CALLAWAY GOLF SHARES FALL AFTER ANALYST'S COMMENTS

3.28.1995

     Shares of the Callaway Golf Co. closed down 9% yesterday
after Merrill Lynch analyst Eric Katzman said sales of some of
the company's products had not met his expectations in the 1st
quarter.  Katzman said sales of Callaway's existing line of metal
woods had been slow and that retailers had lowered selling prices
on some of them. Katzman also noted that Callaway also has been
producing and shipping more of the clubs, "putting some pressure
on retail prices" (BLOOMBERG BUSINESS NEWS/N.Y. TIMES, 3/28).

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