Bruce Claflin Quotes
The abruptness and severity of the current technology slowdown has clearly impacted 3Com. 3Com is taking immediate steps to reduce costs and achieve profitability.
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Abruptness | Severity | Current | Technology | Slowdown |
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Over the past few years we have made solid progress in the execution of our strategy.
- Bruce Claflin
Our cost efforts are more important than ever, given the softness we have seen in demand, both in past quarters as well as the current quarter, ... Despite this slowdown, it is our intention to return to profitability as quickly as possible while positioning the company for profitable growth.
- Bruce Claflin
3Com has not been immune to the trends affecting the telecom sector. However, we believe this sector has substantial long-term growth opportunities and we are investing accordingly. In addition, our Commercial and Consumer Networks business posted a second consecutive quarter of sequential sales growth.
- Bruce Claflin
