StockShorter

Callaway Golf: Cutting 2009 EPS Estimates Again

In addition to constraints to consumer spending, if and when a recovery does materialize for golf equipment, Cally's product offerings aren't that compelling. They've fallen half a step behind TM, and Titleist has made up a lot of ground (and surpassed) with their 909 and AP lines.

$10 seems to be the cap on this stock in 2009, in my opinion.