Terry May had this to say to Rob Ferrara and I quote:
RF> Tiger's presence will affect demand and therefore the
RF> marketplace. I think more people will want to play and
RF> supply will find a way to meet the demand.
TM> How does increased DEMAND translate to lower prices (something you
TM> suggested in your previous post)?
I think the market will expand. How that may play out is
anyone's guess. Here's mine: Joe Hacker can afford to play
at most places but plays at City Park because tee times are
not hard to come by. That will be the first noticeable
change. Tee times will be much harder to come by. Joe will
move on to some private club and bring his golf budget with
him. Now, the people who were at the private club all along
can't get tee times whenever they want so they move on to
somewhere else and so on. The pro shops will have to adjust
accordingly to their new customer's budgets. The ultimate
result will be more golf courses, more players, more pro
shops, and more competition for a bigger pot.
I'm not necessarily suggesting that it will be cheaper
although that's not out of the question.
TM> I think you need to study capitalism a little better. :^)
Would it explain why I plunk down a ton of cash on the
Saints every year? :-)
Rob
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