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Miko_k
Posted on Tuesday, March 02, 2010 - 11:58 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Does anyone know if Erik Buell Racing going to be present in Daytona Beach this week?
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No_rice
Posted on Tuesday, March 02, 2010 - 01:27 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

wont be there. but there are a fair amount of buells partaking in the daytona races
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Aldaytona
Posted on Tuesday, March 02, 2010 - 06:33 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Went to the Harley-Davidson demo rides today. All the demo staff had HD/Buell emblems on their shirts.
In casual, jovial conversation, I mentioned "Buell" and the employees had their joyful expressions wiped clean, to be replaced by an expression of someone who just had a turd placed below their nose.
Corporate policy?
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Court
Posted on Tuesday, March 02, 2010 - 09:27 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

>>>Corporate policy?

Nope, simple reality.

They know:

  • HD sales are falling like a rock
  • HD is short of cash for the looming May interest payment
  • HD just borrowed money to pay the interest on money borrowed at 15%
  • HD, in their recent 4Q conference call, fell well short of their projections (i.e they are having trouble understanding their own business)
  • They know that 2,200 more of them are to be "released"


I've written reference letters for 3 the last month and they all indicate the tension in the halls at 3700 Juneau is thick enough to cut with a knife.

No one doubts that HD will do to them precisely what they did to Buell.
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