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Just heard today from a local Harley dealer that the "Old Guard" at the MOCO is retiring or moving on and the "Young Turks" are taking over. The new chairman of the board (I ferget the name) is supposed to be 40.
Me thinks changes are ahead. Some good, some bad, and some... won't make any difference.
??????
True/Untrue?? Hell I dunno that's just what I heard.
Whether "true" this week.... or 5 years from now..... Fact is.... it's been over 20 years since the workers took the MOCO back from AMF. People grow older, and they begin to think of not working as hard, so they can enjoy the fruits of their labor.
When a company is privately owned, a 35% reduction in "profit" is still "profit". However, in a "publicly traded" company, investors want an increase in profit, year after year. Investors don' give a damn whether HD's go "po-ta-to po-ta-to" or not... they just want to see RETURN on the investment.
Well the stock holders appear to be happy... the stock price was $15 in july and has since jumped to around $28 currently that is a big increase in a short amount of time.
Whether "true" this week.... or 5 years from now..... Fact is.... it's been over 20 years since the workers took the MOCO back from AMF. People grow older, and they begin to think of not working as hard, so they can enjoy the fruits of their labor.
When a company is privately owned, a 35% reduction in "profit" is still "profit". However, in a "publicly traded" company, investors want an increase in profit, year after year. Investors don' give a damn whether HD's go "po-ta-to po-ta-to" or not... they just want to see RETURN on the investment.
Who knows what, if any changes are in store
Here in lies the problem for the consumer. Especialy when the object is to make money for the share holder today, never mind insuring a strong performance for the future.
Rini
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