At 13-under-par, the 54-year-old Holstead is one shot clear of five-time PGA Tour winner Bob Gilder, who shot a 9-under-par 63 at the Bonnet Creek Golf Club's Eagles Pines course in Lake Buena Vista, Fla.
Holstead has played two career events on the Senior PGA Tour, the last coming in 1997. Gilder spent his 2000 season splitting time between the PGA and Buy.Com Tours. Overall, Gilder made 27 combined starts, missing 14 cuts.
Gilder will officially turn 50 years old on December 31st. Wednesday, Gilder carded a pair of eagles on the front nine, and six birdies and one bogey over the back nine.
Gilder's round is even more impressive considering his physical condition.
'I spent most of Monday night in a local Orlando hospital and a urologist said I have four kidney stones,' Gilder said. 'He gave me some pills to take, but if one of the stones starts to move I could be in too much pain to continue.'
Seventy-one players made the cut, which fell at even par. Two rounds remain in the four-day event. The top 16 finishers (no ties) will receive their 2001 tour cards, with the top eight (no ties) gaining full exemption. Should there be any ties following the completion of the tournament, a playoff will ensue to break the deadlock.
There are currently 26 players inside the top 16, including Jesse Patino (T5 through two rounds), Tom McGinnis (T5), Hugh Baiocchi (T9), Roy Vucinich (T9), and Lon Hinkle (T16).
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