Harley Davidson (HDI) Message Board

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Non-Tech : Harley Davidson (HDI)

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To: Jackie Goodson who wrote (8)	2/24/1997 2:27:00 PM
From: Jackie Goodson	of 156

The recent weakness in HDI appears to be a buying opportunity! Stock shows good support at 40+. The recent weakness appears to be from two reasons: 1. sales have been sluggish in Europe - HDI is re-vamping its sales forces to handle this situation. 2. An award against HDI in a recent lawsuit for $9.9mil. The lawsuit resulted from an accident a couple of years ago. There is the possibility that additional punitive damages could be awarded also. Of course, HDI may appeal this award, but, at any rate, this is a short-term negative that has no bearing on the company long-term. I feel that the stock will not trade at this level for long before getting back up to 45-46 level.

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