To: Sir Auric Goldfinger who wrote (6470 ) 1/19/2000 7:39:00 PM From: StockDung Respond to of 10354
Found this on Yahoo, guess she was telling the truth. Guess Craguns Touchstone Transportation services Titan Motorcycle Franchise is not doing that well. LAY OFFS!!!!!!!!!!!!! by: desertdogs 1/5/00 11:12 am Msg: 678 of 752 JUST TO LET YOU AND OTHER STOCK HOLDERS KNOW. TITAN LAID OFF EMPLOYEES THIS MORNING. MY HUSBAND JUST CALLED AND TOLD ME. HE WORKS AT TITAN AND WE OWN TITAN STOCK. tHE ANSWERS YOU GOT WERE THE RIGHT ANSWERS. tHE PRIDE, PASSION AND INSPIRATION HAVE BEEN GONE FOR A WHILE. cHRISTMAS TIME FOR THE EMPLOYEES WAS A SLAP IN THE FACE. FRANK TOLD EMPLOYEES THEY WOULD GET STOCK SOMETIME AFTER THE NEW YEAR. BUT NOW HE HAS LAID THEM OFF. MY HUSBAND WAS PROUD TO BUILD TITAN BIKES. TITAN TOLD EMPLOYEES TODAY THEY EXPECT REDUCES SALES IN THE NEXT YEAR FROM $75MILLON TO $41 MILLION. A LOT OF GOOD EMPLOYEES (PRODUCTION STAFF) DON'T HAVE JOBS NOW. I CAN'T WAIT TO FIND OUT WHO IN THE FRONT OFFICE GOT LAID OFF!!!!!!!!! LIFE GOES ON. IF YOU WANT CHECK OUT OUR WEB SITE WWW.DESERTDOGSCYCLES.COM. THE BIKE WILL ALSO BE AT THE EASYRIDERS BIKE SHOW IN POMONA. STOP AND SAY HELLO. CHECK OUT OUR BIKE AND IF YOU HAVE SPARE CHANGE--BUY THE DAM THING (HA HA HA) TALK TO MY HUSBAND ABOUT TITAN, HE WILL DEFEND THEM. BECAUSE HIS WAS PROUD TO BE A BUILDER. LATER KAT messages.yahoo.com Titan Announces Reduction in Staff PHOENIX, Jan. 5 /PRNewswire/ -- Frank Keery, chief executive officer of Titan Motorcycle Co. of America (Nasdaq: TMOT), announced today a 17 percent reduction in force, primarily in the area of manufacturing. Keery indicated that the reduction in personnel, effective during the first quarter, results from a combination of seasonal factors, as well as major productivity improvements. "While our plans for year 2000 indicate a major increase in unit volume, plant-wide efficiencies and less labor intensity per unit indicate that fewer personnel will be required to meet our production goals," said Keery. Keery emphasized that the company's outlook for 2000 remains positive. "We have made excellent marketing strides in the United States and overseas, and we are confident that the manufacturing efficiencies we have achieved will serve us well as we expand Titan's market," Keery said. Founded in 1994, Titan Motorcycle Co. of America is a premier designer, manufacturer and distributor of high-end, American-made, V-twin engine motorcycles marketed under various Titan trademarks. Titan's unique, hand-built configurations, including the Gecko(TM), Roadrunner, Sidewinder and Phoenix represent the finest available in custom-designed, volume-produced, performance motorcycles. Manufactured at the company's corporate headquarters and manufacturing facility, and available with a variety of customized options and designs, Titan large displacement motorcycles are sold through a network of over 80 domestic and international dealers.