5 ordspråk av Christopher Galvin

Christopher Galvin

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It's far from over, but I think they're working in the right direction. The fundamental issues haven't really been discussed or resolved.

While we very much regret the impact this will have on certain employees, we must adjust our production capacity to the reality of current business conditions and reduce costs to improve overall financial performance.

Through these propositions, we intend to gain market share in key businesses, such as digital cellular telephones, where significant new products are planned for introduction before the end of the third quarter, and embedded semiconductors.

At this stage, it appears that the momentum from our accelerated profit improvement effort will continue in the second quarter.

We may do slightly better in sales and in profitability than present consensus expectations of the investment community. The longer-term business climate is improving, although we believe it is premature to increase consensus sales and earnings estimates for the full year of 1999 beyond their present levels.

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