HOG Report for week ending 11/14/2008

The stock market has continued its downward spiral, and
luxury items, such as Harley Davidsons, have been hit the hardest.  Company stock prices today have been in the
16.90-17.05 range early on this Friday, and HOG closed the week of 11-3-2008 at
21.31. Based on the trends this week, there is a chance that HOG could look at
a weekly closing under 20.00 for the first time since the week ending January
7, 1991.

The state of the market is so uncertain right now, with the bailout not giving clear indications as to how it might ‘help’ certain segments, the trouble could continue for the luxury market companies.  Some companies (such as Ford Motor Company) have seen their stock get low enough that people have begun jumping on such inexpensive stock of a large company, but sales of the HOG stock has remained fairly low as the price drops.

Market analysts are predicting fourth quarter revenue of 58 cents per share, down about 25% from where it was last year for the same period.  In the last year (four quarters) the company has exceeded this projected value twice, and fallen short of it twice.

This week’s closing statistics will be added at the close of the business day.