Replies to post #50123 on Rim Semiconductor Company (fka RSMI)

[spokeshave]

Spoke, so are you suggesting that RSMI might partner up with one of those companies (like Alcatel)?

I neither said nor implied any such thing. You know that.

I encourage you and all of the other shameless pumpers to read what Burstein wrote agian. Read it carefully. He basically summed up what I have been saying for years. Furthermore he is an entirely credible source.

This company has become extraordinarily skilled at manipulating its share price and orchestrating fluffy PR campaigns. People like you seem to fall for all of that and completely lose track of the fundamentals. Allow me to reminds you:

1) This company is touting its *second* "disruptive" technology. The first one was a miserable failure. Which is more likely - that this one is a miserable failure too, or that they somehow actually did develop (another) disruptive technology this time?

2)This company has a history of lies and deception. The examples are too numerous to list, but the most recent one was the bogus pictures. Remember that one?

3) This company spends practically *nothing* on R&D. They spend more on executive salary and paid PRs than they do on R&D. That simply does not happen in a legitimate technology company - ever. The last "Q" showed that in the last 9 months, they spent $255K on R&D and $3.7 million on G&A. Sadly, nobody seems to ask where that half million per month goes. It sure doesn't go to R&D, and they have no other G&A expenses except rent and salaries.

4) This company has offered nothing in the way of actual, verifiable evidence that they have *any* viable technology. When Burstein, an indisputable expert who could do nothing but help them, asked them for the Telcordia report, they blew him off. They did not offer it to him under NDA. If they had done so, he could easily have published that he looked over the report and found it geniune, without revealing any "secrets". Why would they do that? The only plausible answer is that the report is rigged, and that is what Burstein was forced to conclude.