SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~April~~June 2411, 2003

COASTCAST CORPORATION

(Exact name of registrant as specified in its charter)

California	001-12676	95-3454926
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
3025 E. Victoria Street Rancho Dominguez, California 90221
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code: (310) 638-0595
Exhibit Index on Page 5

3025 E. Victoria Street

Rancho Dominguez, California 90221

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (310) 638-0595

Item 5. Other Events.

~~On April 24, 2003,~~ Coastcast Corporation (the “Company”) ~~issued~~had aentered ~~press release~~into ~~announcing~~an ~~that~~agreement ~~its board of directors voted (i)~~ to ~~establish~~sell athe ~~special~~property ~~committee~~owned ofby the ~~board to consider whether it is in the~~ Company’s ~~best interests~~located toat ~~remain an independent publicly~~14800-~~traded~~14921 ~~company~~Maple ~~and~~Avenue ~~(ii)~~in toGardena, ~~amend~~California (the ~~Company’s~~“Property”). On ~~Rights~~June ~~Agreement~~11, ~~to permit Hans H. Buehler~~2003, ~~Chairman and CEO of~~ the Company, toreceived ~~take~~written ~~certain~~notice ~~preliminary~~from ~~actions~~the inbuyer ~~view~~under ofthis aagreement ~~potential acquisition~~that of the ~~Company.~~ ~~Specifically,~~buyer ~~the~~elected ~~amendment~~ to terminate the ~~Company’s~~agreement ~~Rights~~pursuant ~~Agreement~~to ~~allows~~its Mrterms. ~~Buehler~~ Despite ~~to hold discussions, and take other actions for~~ the ~~purpose~~termination of ~~formulating~~ ~~and~~the ~~submitting a bid~~agreement, the ~~with~~buyer ~~Paul~~has A.expressed ~~Novelly~~to (athe ~~member~~Company of the ~~Company’s~~ ~~board~~possibility of ~~directors)~~reviving ~~and~~ the ~~Novelly Exempt Trust (a trust established~~ byterminated Mrtransaction. In ~~Novelly)~~addition, the ~~without~~Company ~~triggering~~intends ~~the~~to ~~rights~~continue ~~established~~to inmarket the ~~Rights Agreement~~Property for sale.

A copy of the First Amendment to the Rights Agreement is filed as Exhibit 4.1 and incorporated herein by reference.

A copy of the press release is filed as Exhibit 99.01 and incorporated herein by reference.

~~Item 7. Exhibits.~~SIGNATURE

Exhibit No.		Description
4.1		First Amendment to Rights Agreement dated the 24th day of April, 2003 by and between the Company and Mellon Investor Services LLC, as rights agent.
99.01		Press Release of Coastcast Corporation, dated April 24, 2003. (1)

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

(1) Filed solely to satisfy Coastcast's disclosure obligations under Rule 100(a) of Regulation FD and shall not be deemed an admission as to the materiality of any information contained therein.

	COASTCAST CORPORATION
	(Registrant)


Date: June 13, 2003	By:	/s/ HANS H. BUEHLER
		Hans H. Buehler,
		Chief Executive Officer

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	COASTCAST CORPORATION
	(Registrant)
Date: April 25, 2003	By:	/s/ HANS H. BUEHLER
			Hans H. Buehler,
			Chief Executive Officer

EXHIBIT INDEX

Exhibit No.		Description
4.1		First Amendment to Rights Agreement dated the 24th day of April, 2003 by and between the Company and Mellon Investor Services LLC, as rights agent.
99.01		Press Release of Coastcast Corporation, dated April 24, 2003.

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