Margins are being cut. There's bloated inventories. There's very little interest in golf stocks. In early 1998, I would get a call from a reporter at the Wall Street Journal or the New York Times every two or three days. Now I haven't heard from those guys in at least six months.
Golf is just a ghost town.
Not so fast, pilgrim During Friday's CNBC telecast of the Tucson Open , Joe Teklits, investment analyst of Ferris, Baker, Watts gave some investment tips. Teklits said he loved Fortune Brands because it controlled the golf ball market. He said he thinks Cutter and Buck, the apparel maker out of Seattle, is a strong buy, and he's hopeful about Teardrop Group because Fred Couples appears to be putting fairly well with that company's Teardrop putter. Pure Spin Diamond Wedges. Copyright 1999 GolfWeb - A SportsLineUSA Company.