Thursday, September 20, 2007

Harley Davidson - How Do I Hate Thee

We in the D.C. area just go treated to another tiresome rolling Geritol commercial. Thousands of RUBs [Rich Urban Bikers] came to the area on their Harley Davidson motorcycles, polluting the area with the sounds of troubled G.I. tracts.

Here's why I hate Harleys and the dweebs who ride them:

1. For encouraging dentists to wear leather.

2. For giving away a case of DentuCreme with every new hog.

3. For disenfranchising real tough guys. The true scum and lowlifes that made Harley fearsome either can't afford them or are ashamed to ride them. [Maybe they can become part of a protected class.]
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Chasing Value: Harley-Davidson (HOG) looking on down the road


The last time I bought Harley-Davidson (NYSE: HOG) I paid $18 a share and it is one of our oldest holdings. Today, I finally bought some more. I probably share way too much personal information with readers of BloggingStocks but I just can't bring myself to suggest to people something I would not do myself, and in any case my readership is not large enough to move the market (nor is the few shares we acquired.) Too many advisers are promoting stocks they themselves would not touch with a ten foot pole.
Harley is near a 52-week low of $46.15, closing yesterday at $48.59. Management trimmed production levels recently to better balance with demand after years of very healthy increases. It was bound to overshoot demand at some point and it is wise to moderate production. HOG had reached its 52-week high of $75.87 last November (2006). I am not looking for miracles with this purchase.
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Motorcyclist killed in crash was running from police

Police said at a news conference today that only the motorcyclist can be blamed for the crash.

"Ultimately, everybody has to take responsibility for their own actions," El Paso Police Chief Richard Wiles said.

A police car dashboard video, which will be posted on elpasotimes.com shortly, shows a man on a motorcycle running south North Mesa from a police car with flashing lights. The police officer in the car soon calls off the pursuit and later finds the motorcycle on the ground near St. Patrick Cathedral.

A motorcyclist who minutes earlier had sped away from a pursuing police car was killed in a crash early Wednesday near Downtown El Paso, police said.

Cesar Muela, 30, of the 2700 block of Anise, died at the scene after crashing his 2006 Harley-Davidson into the rear of a car in the 900 block of North Mesa near St. Patrick Cathedral, police said.
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Harleys Hit the Road for Hospice


If you hear a lot of engines revving up, don't worry, more than 30 Harleys hit the road for hospice care.

The annual Harleys for Hospice ride kicked off at McDaniel's Harley Davidson in South Bend on Thursday.

These bikers are on their way to Mackinac and Port Huron with a stop in St. Joseph.

All money raised helps elderly patients at Hospice At Home. The leader of the pack says he's "geeked up" for a great 3 day ride.
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Terre Haute Street Fair hits downtown this weekend

Festival combines Bleemel Days, Crossroads ArtsFest and The Vigo County Public Library’s Family Learning Day

Staff report
The Tribune-Star

TERRE HAUTE — Terre Haute Street Fair runs today through Sunday downtown at Ninth and Cherry streets.

This festival combines some of the city’s most popular annual events, including Bleemel Days, Crossroads ArtsFest and The Vigo County Public Library’s Family Learning Day. Food, live music, local artists and a children’s learning area are featured. Organizers were planning a car show, horse carriage rides, a farmer’s market and other exciting attractions for all ages.

Andrew Conner, executive director, Downtown Terre Haute Inc., believes this event is important for Terre Haute.

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