Replies to post #5023 on Electronic Game Card, Inc (fka EGMIQ)

[Rawnoc]

Using the doctor metaphor, it seems more like Lee Cole is the nurse taking the patients blood pressure, pulse, weight, maybe snatching a blood sample while the doctor is doing the real work that will leave you feeling like a million bucks.

A good CEO knows how to delegate and not necessarily take on every nitpicking piece of work himself. In this case it appears Kevin is in charge mainly of NEW business.

[MikeDDKing]

I didn't listen to the call again but I think you are jumping to conclusion on his understanding of Q3'09 and Q4'09 orders. Just because he didn't mention them doesn't mean he didn't know about them or understand them. Perhaps he is so focused on his tasks that he glossed over talking about Q3'09 and Q4'09 orders.

One thing to remember is that they have a large portion of their team in the UK. Given the differences in time zones it can be difficult to keep the people in the US and those in the UK on the same page. Since we are talking about deals that are in Europe it makes sense to have someone in Europe manage them. I have a lot of experience in managing across multiple time zones and appreciate how difficult it can be to keep everyone up-to-date. If there are details he doesn't know it is understandable.

Having said that I would like to see Lee Cole eventually phase out of the conference calls because I think it is cleaner to have one person talking. However, that is just a nitpick. I really care about results which they have been producing in spades. The presentation in conference calls is superficial.