Author |
Message |
Miko_k
| Posted on Tuesday, March 02, 2010 - 11:58 am: |
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Does anyone know if Erik Buell Racing going to be present in Daytona Beach this week? |
No_rice
| Posted on Tuesday, March 02, 2010 - 01:27 pm: |
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wont be there. but there are a fair amount of buells partaking in the daytona races |
Aldaytona
| Posted on Tuesday, March 02, 2010 - 06:33 pm: |
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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? |
Court
| Posted on Tuesday, March 02, 2010 - 09:27 pm: |
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>>>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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