'Cause you know what they say about honey bears
When you shave off all their baby hair
You have a hairy minded pink bare bear
A very useful gem here: in the gay world, a certain sort of gay man, large, physically imposing, generally muscular but running to a little fat, looking on the face of things as if he is ultra-macho, who cultivates a beard and lots of body hair, especially on the chest, is known as.... a bear. Here, Lou Reed is contemplating a shaven bear and wondering about what one would look like.