This investor does not ordinarily have a problem with older CEOs, nor with a CEO that misses one interview.

However, among other problems, BOLT's stock has been very heavily shorted in the past. With no news stories to occasionally shake up short-sellers, it makes BOLT easy prey, to short its stock and KEEP it down -- all without risk of any "random" (CEO or company or product) news story which could cause BOLT short-sellers to lose big money, forfeit trading gains, or throw those short-sellers off-balance.

Further, BOLT never makes media news stories. Other than a few local Connecticut news stories, it rarely makes headlines. To the investing world in general, BOLT is invisible, a blank. Invisible companies maintain much reduced PEs relative to their peers; they fail to fully blossom and most alarmingly it harms their Sales.

A CEO is the public face of his/her company. Without a visible presence, bad things can and do happen to such faceless companies, including their stocks and thereby shareholders.

BOLT investors should long for the problem where BOLT's CEO was so busy with media interviews that he/she should 'have to hire' a Communications V.P. to handle much of the PR.

Forget about the daily lower BOLT trading volume levels, forget about seeing any positive news stories/readership buzz, forget about putting the company's name in front of potential new investors, forget about reminding former investors what a fine company BOLT might really be.

CEO age alone would not ordinarily be a problem. Missing one interview alone is not a problem. Two decades as CEO may not necessarily be a problem in and of itself. The problems(plural) however -- multiply geometrically when all the above factors intermix and co-exist -- they form a pattern; it's not image enhancing to BOLT.

Although very helpful, even necessary, increased R&D alone -- will not significantly bring up BOLT's stock price, neither will increased R&D alone significantly increase the company's revenues. Low R&D is however one of several BOLT pattern-like challenges.

Thanks for contributing, thanks for sharing your thoughts. Lastly, thanks for reminding BOLT investors that R&D is important.