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Non-Tech : Harley Davidson (HDI)

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To: Lawrence J. Olsen who wrote (11)3/9/1997
From: Jackie Goodson   of 156
 
Hi Lawrence, still out here! Still holding HDI and still wondering why it has taken such a hit. The lawsuit and slow European sales do not warrant this kind of reaction. I have not noticed any insider selling so it appears they are not worried. Of course, this is not the only stock that the market is penalizing these days. I'm keeping the faith. Company has good sales growth all but guaranteed and market will recognize that sooner or later. I noticed that the analysts rating on the stock improved to 1.9 from 1.7 last week (1=strong buy, 5=strong sell). Also, at current price of 37, stock is selling at PE of 16.7 this years earnings estimate and 14.2 next years estimate. Year-over-year, that's a growth rate of 17%. Looks good to me!
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