Bruce Claflin Quotes
Business conditions worsened in 3Com's fourth quarter. However, 3Com is taking the steps necessary to achieve future profitability in this unfavorable climate.
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Business | Conditions | Worsened | Fourth | Quarter |
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(To) reignite growth, we have structured our operations into three independent businesses that leverage our core strengths while providing customers with the products they want and need.
- 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
