Yep, had me a banana bike. I remember going over those handle bars at least one time. (Schwinn Sting-Ray) (Mine was sparkly red. but with the whitewalls!) I had one also, only mine was green. Best bike that I ever had when I was a kid.
Schwinn Grape Krate Stingray - not a motorcycle but it inspired dreams of having one someday. the only reason I did not buy this bike when I was a kid was the small tire on the front. I got the GTO model