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Non-Tech : Titan Motorcycle Co. of America (TMOT) -- Ignore unavailable to you. Want to Upgrade?

To: Randy berg who wrote (11)	4/29/1998 3:32:00 AM
From: Dayuhan	Read Replies (2) \| Respond to of 219

Greetings... sorry I've been off this thread for a while. Since I'm associated with this company - and in no way ashamed of it - I'll confine myself to specific answers to questions. Questions on ramping up production and the after-market parts line are related. With Titan's new factory (64,000 ft. of space added), the prime constraint on production has been adequate supply of parts that meet quality standards. With Titan's increased production, many original suppliers simply couldn't meet demand. Titan established an R&D function to develop proprietary parts for this reason. The new parts will be sold on the aftermarket, but their main purpose is to ensure adequate supply and raise margins on key components. The new parts will be standard equipment on all Titan's by mid-'98, and with the expanded space and the new in-house painting/finishing facility, there will be no problem meeting production targets through the end of '99. Assembly line production is, of course, quicker, but the cell-production technique is an integral part of what Titan is all about. They've been able to increase production dramatically without sacrificing quality, and I see no reason why they shouldn't be able to meet production targets. Titans are expensive, but they are NOT 40k up. The lowest-price model starts at 23k. It should be recalled that many, possibly most, buyers of competing bikes spend many thousands of dollars on after-market parts and custom work. Much of this work adds only minimally to resale value. Titan can deliver a fully customized dream bike straight from the factory in a fraction of the time it takes to take delivery of a stock Harley. Each Titan carries a Vehicle Identification Number and a Blue Book listing; they are insurable at reasonable rates, maintain high resale value, and can be financed through reputable institutions - all without sacrificing excitement and individuality. Why has the stock stayed flat? Possibly because Titan has put very little effort into promoting it. Until very recently, news releases were not even posted on the web. Good fundamentals won't help if people don't know about them. That's changing fast, and I expect it to change dramatically when the company enters level 1 (full reporting) status in the middle of this year. This will open the stock to institutional buyers, and could have a serious upward impact on share prices. Please post any further questions - I'll answer as well as I can. It's good to see that there's interest.