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Non-Tech : COASTCAST - MAKER OF TITANIUM GOLF CLUBS
PAR 58.72+0.3%Mar 14 3:59 PM EDT

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To: Norrin Radd who wrote (8)6/20/1997 3:16:00 PM
From: WILLIAM BLACK   of 19
 
Tom:

I have bought CREAF since $7 level. Sold it off and then bought back. I think the $15 - $17.5 level will be good support. Merrill Lynch is calling for $24 in the next 12 months. Most earning estimates are in the $1.75 - 1.80 for FY97 ( year ends this month) FY98 estimate is $2.10 - 2.25. Growth estimated at 10 - 15 percent. CEO in meeting last week said very comfortable with high end of estimate around .49 for 4th quarter. I like Oakley and Jmar as I mentioned.

Bill
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