Ducati? It's an electrical problem. 
Joking aside, anything that makes the tacho imediately drop to zero is an ignition-wiring fault. Sounds like it's on the low-tension side that drives the tacho. Does the tacho run off only one of the cylinders? Low power but still running is usually one cylinder down.
Steve
"I am a licenced motorcycle instructor, I agree with dangerousbastard, no point in repeating what he said."
"read what Steve says. He's right."
"What Steve said pretty much summed it up."
"I did axactly as you said and it worked...!!"
"Wow, Great advise there DB."
WTB: Hyosung bikes or going or not.
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