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Non-Tech : Titan Motorcycle Co. of America (TMOT)

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To: Randy berg who wrote (188)3/4/1999 10:47:00 AM
From: WallStBum  Read Replies (1) of 219
 
From the CNN transcript a few posts back:

TERRY: Despite global economic instability, international demand has
been strong. Titan has 20 overseas dealerships. They've partnered with
Playboy Enterprises (Company: Playboy Enterprises Inc.; Ticker: PLA;
URL: playboy.com , and Reebok (Company: Reebok
International Ltd ; Ticker: RBK ; URL: reebok.com on
cross-merchandising. This year they'll introduce and entry level model
for $20,000, which will compete directly with Harley, and broaden their
market. For Patrick Kerry the payoff is in the ride.



I have to say I'm impressed that their publically stated goals are consistenly met (profitability, Nasdaq Small Cap listing, etc) and now another goal for "this year" is met by early March. This outfit has class. I do have some reservations about competing directly with Harley. It just seems Harley has SUCH a mystique about it that draws such high demand. But I don't know enough about industry demand and markets to have a clue as to whether they stand a chance of suceeding or not. Obviously, they figure they know what they're doing.

dax
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