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Volume 24 No. 156
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          CA-based Lynx Golf has "obtained a $3.55 million bridge
     loan" from Union Planters Bank of St. Louis, according to
     the SAN DIEGO UNION-TRIBUNE.  The loan was "secured" by the
     company's assets and is due to be repaid by August 15.  Lynx
     President & CEO David Schaefer said that the financing will
     allow the company to "carry out its strategic plan and
     implement operational changes" (UNION- TRIBUNE, 2/25). 
          VISUALIZE IT: Visual Edge Systems, (VES), producers of
     the "One-on-One With Greg Norman" video golf lessons, has
     reached agreement in principle with its lenders and
     preferred stock holders, who have agreed not to convert
     their preferred stock or notes until December 31, 1998.  
     VES's lenders and stock holders have also agreed to provide
     the company with an additional $5M equity line of credit for
     working capital.  In other news, VES announced that it will
     team with the American Cancer Society (ACS) to help raise
     funds for cancer research.  VES will set up temporary
     production facilities in the lobbies of office buildings in
     cities such as New York, Boston and San Francisco, among
     others, and will offer its Norman golf lessons at $50 per
     tape, with a portion of the proceeds going to ACS (VES).