Only in the last couple of weeks have we seen the effects of a general tightening on spending that has caused us to modify our expectations, ... We still see growth, but we thought it prudent to share that we see a tempering.
More Quotes from Patricia Russo:
Lucent's goal is to build on the success of the past and deepen the trust and confidence we enjoy with our customers and suppliers in China,Patricia Russo
We absolutely have sufficient liquidity to fund the operations of the business and return to break-even,
Patricia Russo
China is a great example of where we have been successful using local resources,
Patricia Russo
This quarter, despite the decline in revenue, we maintained a solid gross margin performance due to our continued focus on simplifying our operations and diligently managing our cost structure. Based on the review of our expectations for fiscal 2006 and ongoing interactions with our customers, we are confident that our revenue performance will be much stronger for the remainder of the year.
Patricia Russo
We have been very focused on trying to find the right balance between caring for the needs of our retirees and making determinations about what is affordable. We will continue to manage costs in that way.
Patricia Russo
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