kos's china visit, page-11

Jimbo,

You don't like where we have come from over the last 2 yrs to where we are now?

I'm not so sure that it's easy to obtain commitments from 3 different continents for the building of Coldry production plants and IMO the Directors (not management! - for management includes the board and IMO some aspects of the board are very inefficient...old wood, duplicates of existing skill, etc).

This management is rockin'!
The deals are very hard to pull off cleanly without delays or some other burr due to the sophisticated business arrangements and they are definitely worth pushing the envelope for as opposed to giving our goods away for nothing.
Its a fine line between being ripped off and creating a stable synergy and i think we are doing the latter extremely well, regardless of the perceived hold-ups that are very well resolved now anyway.

If it aint broke....


L