The Wire, golf's only daily transaction newsletter
August 10, 2004 • Volume 6, No. 154
a publication of the Golf Press Association



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Today's News
Equipment
AccuFLEX Golf announces that its ICON v.2 and VS 339 shafts are now available in .350 tip diameter. For more...

Rifle steel shafts were used by the top four finishers at The International. For more...

Aldila, a designer and manufacturer of graphite wood and irons shafts, including the popular NV shaft, was used by the winner of the PGA Tour's International and was the top graphite shaft manufacturer and shaft brand count at the Nationwide Tour event, according to the Darrell Survey Company. For more...

Titleist ambassador Tom Kite won his seventh career Champions Tour crown at the 3M Championship. For more...

Callaway Golf Staff Professional Annika Sorenstam has used the ERC Fusion Driver and HX Tour Golf Ball win at the European Ladies Tour's HP Open. For more...

Marketing
AccuFLEX Golf announces that it will sponsor an NHRA "A/Fuel" Dragster for the remainder of the 2004 and the entire 2005 NHRA season. For more...

Longs Drugs Challenge has selected Powers Solutions Corporation's PowersGEM to promote and administer the pro-am events associated with their 2004 LPGA Tour event. For more...

Turf
Players Turf International recently completed the installation of a synthetic turf project in the Fossum Practice Facility at the Rearick Golf Complex at Michigan State University. For more...

Tournaments
Italian brothers Edoardo and Francesco Molinari will help form the nucleus of the Continent of Europe team that will play Great Britain and Ireland in the St Andrews Trophy match at Nairn on Aug. 27-28. For more...

Technology
Crescent Systems announces the addition of Paris Country Club, located in Paris, Tenn., to its list of private club clientele. For more...

Internet
BuffaloGolfer.Com announces the availability of up to four premium sponsorship advertising spaces for the calendar year 2005. For more...

Briefly
Waitsfield, Vt.- based Divot Communication, publisher of regional golf lifestyle magazines, names Steve Donahue as the editor-in-chief of its publications.

The Caulfeild Apparel Group announces Deanna Ruby as its new sales representative for Caulfeild Golf in British Columbia and Tracy Maxwell as its new sales representative for the Cutter & Buck line of golf apparel in Alberta.

Rodney Pampling won The International on Sunday and moves up 56 places to No. 58 on the Official World Golf Ranking. Tiger Woods has now equaled Greg Norman's record of a total of 331 weeks at No. 1 and his current sequence at the top is now 5 years exactly.

Destinations: Who Are The Affluent Anyway?
By Judi Janofsky and Rich Steck
wheretogonext.com

We're not one of American Express' Platinum cardholders. We have just a regular AmEx card. The one that costs the least but still lets us accumulate Delta mileage.

The Platinum card is for the affluent. At least that's how AmEx refers to these cardholders. And we guess that must mean something because according to a new survey by AmEx, these affluent folks spend a lot on themselves.

In the survey, 59 percent of its Platinum cardmembers, as they're called, receive the greatest personal satisfaction from experiences such as fine dining, travel, entertainment and cultural, arts and sporting events. (Actually, we're surprised it's only 59 percent. We don't know anyone who doesn't like to eat and be entertained.)

On average their affluent consumers spent $10,060 on these pleasures over the past 12 months. (Well, there again we're surprised. That's just a little over $800 a month on eating out, traveling and entertaining. If that's AmEx's definition of affluent, most of the rest of us should qualify.)

AmEx's report gets even better. Peggy Maher, senior vice president and general manager, Consumer Charge Card, American Express said: "In the real world, affluent consumers aren't relaxing poolside or eating bonbons. They're working long hours, juggling personal and professional lives, and are constantly pressed for time."

Guess Maher hasn't been around the average American lately. Or any single moms, who sometimes work two or three jobs and raise kids on their own. Don't think they're sitting around eating bonbons.

But that's probably where the similarity between AmEx's affluent cardmember and the Average American ends. Because while the Platinum folks don't spend that much on the small pleasures, they do spend it on the big ones.

According to the survey, their affluent consumers travel often and in style: 68 percent took an average of six personal trips in the past year and spent $12,650 on average on personal travel. That is big bucks.

So besides spending money on travel, what does it take to be affluent? According to Webster's dictionary, affluent is having an abundance of wealth. According to AmEx it's being one of their Platinum cardmembers. And that starts by paying $395 a year for the card - it's a charge card, not a credit card - and paying your AmEx bill in full each month. Then you have to spend that $10,060 on food and such, $12,650 for travel and, if you're among those 21 percent who said they get the greatest satisfaction from personal luxuries, such as cars, clothes and jewelry, you'll have to spend, on average, another $14,270 on those items.

Guess we'll just have to continue being content as average. Although we did renovate our kitchen this year. Does that count?

Reader's Forum
The years first three majors have been exciting in the sense that each went down to the wire. Ultimately Phil Mickelson won the Masters, Retief Goosen won the U.S. Open and Todd Hamilton won the British Open. That leaves this weeks PGA Championship to be settled.

Who will win? The Wire wants to know your top three picks and why. Send comments to info@gpagolf.com with the subject line "PGA." Only those responses that include first name, last initial and hometown will be considered. Send responses by 9 a.m. ET on Thursday, Aug. 12. Comments will be published in the Friday, Aug. 13 edition of The Wire.

Send your responses to info@gpagolf.com