Rim Semiconductor Company (fka RSMI)

[Hound]

427:

The shares have to appreciate or the options awarded to Will Swope are worthless. I believe that his were priced at .03 cents (or something like that).

People appear to be very concerned that Will Swope might bring value to the company. When I Googled him, he appears to be involved in at least one high profile project for Intel. He might know a thing or two about guiding Rim to the finish line.

Spoke used to make a big deal about Intel giving funding to Ikanos -- but now a Senior VP from Intel joining the board means nothing. I suppose it would mean a lot more if Intel endorsed Rim vs. a senior employee, but its a start in my opinion.

The company has a lot more work to do to get things going in the right direction though - like selling some chips.