Thanks for the comments utahdog, but this bike hasn't got a flip-flop stem. It's the standard quill stem.
My 92 Bravado (which replaced my original Karakoram Elite BITD) had a flip-flop stem and if I'm honest, although I appreciated the design intention, I never really got on with it too well.
I remember replacing it with a Control Tech stem after I'd had it for about a year, and then it went to aheadset when I got some suspension forks.
I'll take some pics of the stem on the Karakoram next time I'm out with my camera for you though.
All the best
Paul