Rim Semiconductor Company (fka RSMI)

[WHP03]

Uhm, do I need to tell you the date and time for you to believe I've done so enough time to get a pretty good sense for the man (combined with years of PRs, President's letters, and FAQs). I'd say no less than 5 times. Ray on the other hand... several dozen, unfortunately. Frankly, even if I hadn't sat down with him on several occasions the filings and lack of revenues or even pending deals speaks volumes. Combine all the public insight we have with having met him and I still believe he's in over his head (if this were a legit company). He's simply not a get it done man IMO. The facts prove that. And he has major hurdles to overcome before he could even try to compete in the market. I agree with Spoke; RIM is a year away from booking revenue, best case, and that's if they had the money to start producing their ASSP today, not tomorrow, not next quarter. Frankly, even that IMO is unrealistic because there is no independent unpaid evidence whatsoever they have something to even work with.