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I just recently got my first bike, 1988 Honda Hawk NT 650. Due to weather I wasnt able to ride it until yesterday, Sunday, for about 2 hrs, ~60 miles. I rode it to my apartment this morning in a very light drizzle about 1.5 miles. It looked like it would stop raining, so when I was running errands at lunch I went back and picked it up. It got me to lunch fine. These rides are all less than a mile. After lunch it started raining again, but I wanted to get to work. On the way I stalled it at a stop sign and my foot slipped on the pavement and it tipped over on to the throttle handle, but no damage was done that I could see other than the rubber grip got a little scuffed. I made it about two more blocks before it started cutting out and stalled. It sounded and acted like it ran out of gas. After work I checked it out. It starts fine but cuts out if I rev it past 2000 rpm, in nuetral, or with the clutch in, kick stand up. The nuetral light and head light also flicker at this time. Between full and half choke it will go past 2000, but I didnt try riding it at half. I did top off the tank with medium grade gas after my ride on Sunday, I think there may have been premium in it all ready, but I was told that shouldnt matter. Oil level is fine. Could it be just due to the dampness, something electrical, I dont think it could be a fuse, but I couldnt check because I didnt have the right tools with me. Any suggestions or thoughts are greatly appreciated.

Almost sounds like a vibration induced short or something like that. Your sure the switchgear on the throttle side (like the 'RUN/STOP' switch) didn't take a wack or get wet or is corroded internally from the past life?

If it's not there, might as well continue the same process for the rest of the wiring.

My second guess is that the tipover dislodged a chunka crud in the tank or the floatbowl and that got sucked into a jet, clogging it.

My third guess is that you need to air-up the rear tire. But try this one only after you try everything else you can think of.