My old 1985 R80 had the LS style wheels (think they're the same as on the K75s of the era, too). I once hit a rock with the front wheel and put a slight "wow" in it, but never felt anything in the handling, and it seemed to hold air fine... But after that, I noticed that about every 2-3 weeks, the tire would be down a few psi; and if I didn't get around to airing it up again right away, it would suddenly be down 10 psi.
I think that the tire would "burp" just a bit of air anytime it hit a road surface irregularity when it came right at the wow in the wheel; and when the tire pressure was down enough, it would burp quite a lot of air.
Eventually I got tired of dealing with it and bought a new wheel, which definitely solved the problem.