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Bullish on ALDA ...
ALDA
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-13.07%
in
234 days
Aldila, Inc., through its subsidiaries, engages in the design, manufacture, and marketing of graphite golf club shafts primarily in the United States. The companyÂ’s golf shafts are composite structures consisting principally of carbon fiber and epoxy resins, as well as boron or fiberglass. In addition, it offers composite prepregs and other related composite materials. The company sells its graphite shafts to golf club manufacturers, distributors, custom club shops, pro shops, and repair shops; and composite materials to manufacturers of composite products. Aldila also sells its products i...
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Golf Shafts
ALDA
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-76.15%
in
955 days
From Yahoo! Finance, "Aldila, Inc., through its subsidiaries, engages in designing and manufacturing graphite golf shafts principally in the United States. Its shafts are composite structures consisting principally of carbon fiber and epoxy resins, as well as boron or fiberglass. The company, through its joint venture, also offers carbon fiber for various applications, such as molding compounds for the manufacture of electronic components, masts, and spars for the marine industry, hockey sticks, fishing rods, industrial products, and golf shafts. In addition, it manufactures and sells prepr...
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From the Blogosphere
Is Aldila's complaining about the golf market believable?
Filed under: Management Last month I wrote about the resilience of golf in the face of a struggling market for many other consumer product companies. But when struggling golf shaft maker Aldila (NASDAQ: ALDA) announced an 18% decline in first quarter sales of its shafts, the company was quick to blame the economy.
"A weakening economy and decreased industry retail sales compared to last year impacted our sales," said Mr. Peter R. Mathewson, Chairman of the Board and CEO. "Market participants appear to be taking a cautious approach to 2008. While we are disappointed with our sales we did rema...
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Are golf stocks a good bet for a troubled economy?
ALDA
-65.76%
in
592 days
Filed under: Stocks to Buy With the generally gloomy outlook for the economy and consumer spending, many investors are looking for "recession-proof" industries and companies: tobacco, gambling, alcohol, and pornography (you have to find something to do if you lose your job!).
But how about golf? The latest issue of GolfWeek asks the question, Is golf recession-proof?
Gordon Dalgleish, president of Perry Golf, told GolfWeek that "<>We can think of no other consumer-oriented business that is as insulated from the effects of general economic conditions other than beer, cigarettes, and perhaps video>...
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