Rim Semiconductor Company (fka RSMI)

[WHP03]

Slow -

Thanks for taking the time to share your thoughts after today's meeting. I might add one point. When the timeframe of "Fall" is mentioned, it is my understanding that the carrier trials will be over around late Sept early Oct 2002. So when we all speculate about prices and activities I think it's important to realize that there will be plenty of developments to help build credibility and put upward pressure on the price between now and the Fall. But the Fall is when it is more likely we will see non-incremental upward pressure on the stock price because the tech will be confirmed in the field - IMO.

I look forward to Tom Cooper's letter in the proxy documents, and I am anxious to attend the shareholder's meeting to meet and hear from Greaves, Propp, Cooper, and Ketch. Perhaps between now and then we'll see 1-2 new names added to the mgt team.

I've been hearing rumors about funding between now and the shareholder's meeting as well. We'll see what comes of that.

From everything I hear and see, we are in great hands with Cooper and Ketch. I am confident that between now and year end we will see some very nice price appreciation.

Bill