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BOK Financial Corporation Message Board

ppete85 6 posts  |  Last Activity: Mar 3, 2010 7:08 PM Member since: Feb 10, 2009
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  • ppete85 ppete85 Mar 3, 2010 7:08 PM Flag

    Did you actually just post this? You are actually asking former employees to stop giving a stock message board their input? Did ya ever think they might still be stockholders that have valuable input? This dog is tanking and I appreciate all input. No amount of cute Dee newspaper interviews are gonna fix things. I'm should be too. The doors will close soon.

  • Good pick, mate. It will take until mid 2Q, but I agree, she'll end up at 20 bucks by then. Me? ....I'll buy at $15.00.


  • ppete85 by ppete85 Feb 25, 2009 1:12 AM Flag

    Does anyone know if the an extension of the delist rules has been announced? I find it strange that the CFO is resigning during the first week of March, GOLF expects to release its full earnings for fiscal 2008 during the first week of March, and without an extension, the delisting of GOLF would come in the first week in March.


  • Reply to

    BOK is a $20.00 stock

    by moefoeq4 Jan 23, 2009 5:14 AM
    ppete85 ppete85 Feb 18, 2009 1:22 AM Flag

    BOK has not handled foreclosures well. They are arrogant and unforgiving. Everyone that holds stock knows this and likes this. Except now it is starting to hit close to home.

    ...Like it now?

  • ppete85 by ppete85 Feb 18, 2009 1:14 AM Flag

    It's over. Delist is certain.

    Press Release Source: Golfsmith International Holdings, Inc.
    Golfsmith Announces Resignation of CFO
    Tuesday February 17, 2009, 4:58 pm EST
    Yahoo! BuzzPrint.Related:Golfsmith International Holdings Inc.
    AUSTIN, Texas--(BUSINESS WIRE)--Golfsmith International Holdings, Inc., (NASDAQ: GOLF - News) today announced that today, Virginia Bunte resigned as Senior Vice President and Chief Financial Officer of Golfsmith International Holdings, Inc. and all of its subsidiaries (the “Company”), effective March 3, 2009, to pursue other interests. Ms. Bunte’s resignation is not due to any disagreement with the Company over any of its policies, practices or financial reporting.

    Related Quotes
    Symbol Price Change
    GOLF 0.86 -0.04

    {"s" : "golf","k" : "c10,l10,p20,t10","o" : "","j" : ""} Following Ms. Bunte’s departure, Sue E. Gove, the Company’s Executive Vice President and Chief Operating Officer, will assume additional responsibilities as interim Chief Financial Officer. Prior to joining Golfsmith in September 2008, Ms. Gove was an independent consultant since April 2006, serving clients in specialty retail and private equity. She has been a member of the Board of Directors of AutoZone, Inc. since 2005 and also serves on its audit committee and nominating and governance committee. She was Executive Vice President and Chief Operating Officer of Zale Corporation from 2002 to March 2006 and a director of Zale Corporation from 2004 to 2006. She was Executive Vice President, Chief Financial Officer of Zale Corporation from 1998 to 2002 and remained in the position of Chief Financial Officer until 2003.

    Martin Hanaka, chairman and chief executive officer of Golfsmith commented, “I want to thank Ginger for her hard work and dedication over the last 13 years that she has been with Golfsmith. We all wish her the very best in her future endeavors."

    Mr. Hanaka continued, “We are fortunate to have Sue Gove on our team to act as interim Chief Financial Officer given her deep and successful experience in the finance area.”

    About Golfsmith International Holdings, Inc.

  • Sand trap: Sour economy snags golf courses

    Saddlebrook Golf Course took a look at the bottom line and decided it was time to cut some deals, offering a two-year membership for nearly 80 percent off the normal daily rate.

    In neighboring Illinois, greens fees at the Greenview Golf Club in Centralia are down from $35 a round to $23, which includes a cart.

    The struggling economy has buried many golf courses in a financial sand trap, forcing owners to offer deep discounts to keep players and recruit new members. Others are putting up "for sale" signs or seeking new financing to stave off foreclosure.

    "Nobody's making a living," said Greenview owner Tom Wargo, the 1993 Senior PGA champion and 1994 Senior British Open champion.

    Indeed, with the economic meltdown affecting even such sports superpowers as the NFL and NASCAR, it's understandable that recreational golf is hurting.

    Golf has always been a pricey pastime. The median rate for a round of 18 holes at a public course is about $40, and private club memberships can run well into the thousands of dollars.

    Now throw in a recession and a tough situation for the nearly 16,000 public and private courses in the United States becomes even worse, said Mike David, executive director of the Indiana Golf Office, the umbrella group for the state PGA and other golf programs.

    "It's not that there are fewer people playing," he said. "The problem is they're not playing enough rounds."

    The National Golf Foundation reports golfers played about 498 million rounds in 2007. That number dropped about 8 million, or 1.6 percent, through the end of November, the most recent month surveyed, said Jim Kass, research director of the Jupiter, Fla.-based foundation.

    The result is that more golf courses are closing than opening, a sharp change from as recently as 2001, when 252 more courses opened than closed.

    More hazards may be on the horizon.

    Developers of a $500 million golf and wine resort in Yakima, Wash., filed for bankruptcy protection in November, just two months after breaking ground on the project, and Georgia's exclusive Sea Island, once called the best golf resort in the nation by Golf Digest, laid off 500 employees last fall.

    Northgate Golf Course in Reno, Nev., considered one of the best new courses in the country when it opened 20 years ago, announced in January it would close because it's losing money. Once a site for U.S. Open qualifying, Northgate stands to lose $530,000 in the current fiscal year, according to the Reno-area tourism board that operates the course.

    "The industry has been stagnant for a number of years. The demand for memberships has not been what it has been in the past," Van Newkirk said.

    The club is trying to bring in more capital by offering shares of ownership to its members, and potential members are being offered reduced initiation fees.

    Wargo, owner of the Greenview club in Illinois, wants out of the business. His course is on the market for $1.9 million.

    "Golf's not in a good position right now, even though we have the No. 1 recognized athlete in the world (Tiger Woods)," he said. "It's not helping the business at all."

    Dick Sills, general manager of the Indianwood Golf & Country Club in Indiantown, Fla., doesn't expect that to change anytime soon.

    His business was down 18 percent through November, and the course has cut its fees in hopes of enticing more golfers.

    "It's down, but it's not as bad yet as it might get. I think it will get worse," he said.

    In the long haul, that may be bad news for golfers, giving them fewer playing options. But Chicago doctor Larry Stone, an avid golfer for 50 years, sees at least one benefit from the recession.

    "You can walk onto most of them at any time except Sunday morning," he said.

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