MORROW SNOWBOADS SELLS LINE TO K-2 IN $3.2M DEAL

          OR-based Morrow Snowboards has "agreed to sell much of
     the business," according to Jeff Manning of the Portland
     OREGONIAN.  Manning wrote that "faced with a deteriorating
     balance sheet and a bevy of nervous creditors," the company
     has entered into an agreement to sell its snowboard line as
     well as parts of its board factory to K-2, which has agreed
     to pay $3.2M for the brand.  Morrow President Blair Mullin:
     "With this deal, the brand survives, and, in the end, it
     could exceed (market leader) Burton."  Morrow "now will
     shift its focus to snowboarding apparel" (OREGONIAN, 3/27).