Home > Boards > US OTC > Delisted > Rim Semiconductor Company (fka RSMI)

I want everyone to look at a couple

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
jarsch501 Member Profile
Member Level 
Followed By 3
Posts 2,438
Boards Moderated 1
Alias Born 03/11/01
160x600 placeholder
Top Company News of the Day
The software giant's cloud business has benefited as the pandemic has forced people to work remotely.
ValueAct Capital Asks Seven & i to Set Up Committee, Focus on Convenience Stores
Incyte Says Withdrawing NDA for Parsaclisib Is a 'Business Decision'
U.S. Crude-Oil Stockpiles Likely Declined in DOE Data, Analysts Say -- Update
Texas Instruments 1Q Guidance Above Wall Street Targets
Texas Instruments' 4Q Profit, Revenue Growth Beat Wall Street Targets
Blackstone Real Estate Income Trust Offering $60 Billion in Stock in Revised Filing
2-Year Treasury Yield Rises to 1.025% -- Data Talk
10-Year Treasury Yield Rises to 1.784% -- Data Talk
30-Year Treasury Yield Rises to 2.129% -- Data Talk
Wheat Rises Further on Russia-Ukraine Tensions - Daily Grain Highlights
Front Month Nymex Natural Gas Rose 0.65% to Settle at $4.0530 -- Data Talk
Front Month Nymex RBOB Gasoline Rose 2.56% to Settle at $2.4595 -- Data Talk
Wells Fargo Boosts Dividend
Ericsson 4Q Sales, Net Beat Expectations, ADRs Up
NextEra Energy Shares Down 7% After Revenue Misses Estimates
PayPal on Track for Lowest Close Since June 2020 -- Data Talk
Southern California Gas to Invest $50 Million Into Communities It Serves
STOXX Europe 600 Index Ends 0.71% Higher at 459.59 -- Data Talk
FTSE 100 Index Ends 1.02% Higher at 7371.46 -- Data Talk
DAX Ends 0.75% Higher at 15123.87 -- Data Talk
CAC 40 Index Ends 0.74% Higher at 6837.96 -- Data Talk
STOXX Europe 50 Index Ends 0.83% Higher at 3676.16 -- Data Talk
EURO STOXX 50 Index Ends 0.59% Higher at 4078.26 -- Data Talk
U.S. Crude-Oil Stockpiles Likely Declined in DOE Data, Analysts Say
Air Liquide to Supply Semiconductor Manufacturing Site in Arizona
FTSE 100 Finishes Higher, Clinging Onto Rebound
Norfolk Southern Raises Quarterly Dividend to $1.24 per Share
General Electric Down 7% After Revenue Miss
jarsch501 Member Level  Friday, 06/15/07 01:54:12 AM
Re: None
Post # of 78729 
I want everyone to look at a couple of charts to show the path of a few companies that experienced relatively rapid growth.

Here is a chart of MSFT from marketwatch and you can click on the link below to find a better one on Google finance. Hit max to display the price since its ipo.


I don't want to give a complete history as you can find that on your own. But the price went from from .10 in April of 86', to .34 in April of 87'(will use April for each year), .40 in 88', .35 in 89', .84 in 1990, 1.50 in 91', 2.50 in 92', 2.50 in 93', and steadily continued it's climb from there. To put it into perspective, MSFT debuted with under $200 million in revenue to $3.80 billion in revenue in 1993. Also, MSFT came onto the market with only about 3.1 million shares.

The same thing can be said for DELL and many other tech companies.

This company may have the potential to have a lot of growth, but it is nothing more than that. Asset appreciation doesn't happen even with the potential for growth as there must be an impetus, a building phase to show that the potential is real and growth will indeed come. You can see the slow methodical rise in share price that Microsoft had from its IPO. It started with a marketcap of $77 million, had revenues, and was growing rapidly. There were plenty of opportunities to buy the stock through that time period.

Many here act like Rim will also experience the same rapid growth. Rim has several things working against it have any appreciation in price other than a pump and dump. First, way to many shares are outstanding. It's almost remarkable the share price isn't substantially lower. Even more problematic is the lack of any sort of revenues, let alone sustainable or substantial. AT&T, PacBell, or any other telecom isn't going to sign a contract up with Rim anytime soon because Rim hasn't proven their product in the market and that they're capable of meeting their demands. That doesn't include the billions of investment those corporations have made in other projects which kind of nullifies what Rim is marketing.

If Rim has what they proclaim, they will start to make small steps which will build up to bigger things. This is a gradual process and will take a substantial amount of time. The share price will surely not jump like many hope it will nor like they expect it to. It will take something very substantial to maintain even .50 (marketcap of $216MM) and it won't happen this year.

You can't invest in this company, it's nothing but speculative right now. You're more than likely to lose more of your investment than you will make anything from it. If you truly want to invest in the company, wait a while and see what actually develops. Make them prove their business model first and pick some shares up at .30 or .50 instead of taking a stab here in the dark at .07. If it does make it to .50, I would make a hefty bet it'd gradually get to a $2 because more than likely it may have a sustainable, proven business model. Of course, not many here took the opportunity to sell at .50 or above because you weren't objective about the company in the first place. They'll have to reverse split anyways before they can be taken seriously by the investment community.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences