Bruce Claflin Quotes (7 Quotes)

Over the past few years we have made solid progress in the execution of our strategy.

The joint efforts of the two technology leaders will result in new solutions for customers to access networked information in new and creative ways, ... By sharing patents, 3Com and IBM have greater freedom to develop exciting new products and compete in new information technology market segments.

Business conditions worsened in 3Com's fourth quarter, ... However, 3Com is taking the steps necessary to achieve future profitability in this unfavorable climate.

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.

(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.

We are exiting three businesses that were not delivering growth and financial returns.

With this growth in engineering talent, the joint venture has taken increased responsibility to develop infrastructure products for 3Com.