01-17-2004, 03:26 PM
I'm not an analyst, we don't cover Harley Davidson, so eat my ass. Analysts were recommending Internet stocks a few years ago because they were also underwriting IPOs, secondary offerings, and handling their M&A activity. Recommending stocks that they knew were dogshit allowed them to get more of that business. There are now procedures and regulations that make that impossible now.
Harley's business has not change to the extent that what their relative valuation to the broader market is no longer important. It is obvious you have no idea what their historic valuation is, or you would have shut me up that way rather than talking in circles.
The stock might do well, I have no idea. But the fact is: the company pays a shitty dividend, their valuation doesn't seem that attractive, and you suck.
Harley's business has not change to the extent that what their relative valuation to the broader market is no longer important. It is obvious you have no idea what their historic valuation is, or you would have shut me up that way rather than talking in circles.
The stock might do well, I have no idea. But the fact is: the company pays a shitty dividend, their valuation doesn't seem that attractive, and you suck.