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

To: RossT who wrote (105)	7/28/1998 10:06:00 PM
From: Dayuhan	Respond to of 219

I got the following e-mail from another Titan shareholder. He's given permission to use it in IR materials, and I hope to get it up on the Titan site soon. Hi Steve, I am Harley Davidson rider and builder as well as a businessman. I and many of my friends fit the demographics of Titan's target market. I have bought and sold stock for my own account for 25 years with reasonably good results. One of my best investing techniques is when I find an exceptional company operating in a market I personally understand, I investigate it with the objective of buying stock. I did that with Titan and I became a Titan stockholder. I believe they have developed and defined a market niche that they have all to themselves. They are the only mass producer of high end custom bikes. Yes there are several other HD clone producers but they are marketing to a level of customer below the Titan marketplace. Many people don't understand the concept of a $30,000 motorcycle. However, for those people who know and ride custom Harleys this is a very good price for absolutely top notch bike! I attend many of the national Harley Davidson rallies. I have talked at length with Mark Green. In my opinion he is a real pro. Not a lot of BS, just a straight forward guy who seems to have the right attitude and background for his job. I also have seen the great amount of interest people have for their bikes. Two years ago I built a custom Harley of my own. I used only the best after-market parts I could acquire. Most of the components are from the very same suppliers Titan uses in production of their bikes. The bike turned out wonderfully and I like it a lot, but...I have about $32,000 invested in parts and paint. This doesn't include anything for the more than 300 hours of labor I have invested in it. In addition, it took about a year to get the bugs out. The point is, that if I had bought a Titan Gecko equipped like my bike it would cost about $28,000. Their bikes get delivered with most, if not all the bugs out and come with a 3 year unlimited mileage warranty. Hard to justify not buying Titan when you look at this comparison which is the real world. Why didn't I buy a Titan you ask? Because I was not familiar with them when I started on my Bike in 1996. However, I can assure you my next bike will be a Titan. Hope, I did not bore you with my comments...thought it might be helpful. Also, would you please send me the pdf file you have on Titan. I would really appreciate it. If I can ever be of help please let me know. Thank you. Bob Behan