9 ordspråk av David Peterschmidt
David Peterschmidt
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During the quarter, we continued to show top-line revenue growth, major customer design wins and strong market expansion.
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The quarter was fueled by major network product wins, our drive into the growing enterprise marketplace with network and portal services products, and significant inroads into the emerging wireless arena.
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We believe we have the management, products and financial focus to foster long-term benefits for our shareholders and customers worldwide.
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In the last 12 months, the Nasdaq has hit its all-time high and its all-time low. But this is not something to be frightened of. This is something that you should grab a hold of, because out if this type of chaos comes tremendous growth.
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The way you have to look at this is that you had this huge build-out of the Internet and almost unlimited access to capital, and that has stopped. That doesn't mean there won't continue to be investment. The pace is going to slow for a while, but you ultimately have to continue building out.
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And I think President Bush is going to get his tax cut, which also is going to help. But the consumer is a big part of what's important here. So far the consumer confidence has been okay, but it's the cautiousness of the consumer, I think, that's making a lot of corporations more cautious in their spending.
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While our business will be affected by macro-economic conditions in the near term, we are confident in the long-term outlook for our infrastructure products and services.
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Our performance reflects the efficiencies that now exist in the company, and we are optimistic about our ability to capitalize on the opportunities presented by our fast growing market.
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We are pleased to announce record earnings today which have exceeded the expectations we set for the company.
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