5 ordspråk av Manuel Recarey
Manuel Recarey
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The quarter was not as strong as it first appears. While the company did seem to address some of the issues it had, after the significant volatility it has had in performance, I'm not willing to say one good quarter is a trend.
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I'm not sure how much of this is sustainable. While it put in a good rebound quarter in December, I would like to see another quarter of good results. I need to see two quarters in a row because the overall competitive environment is becoming more aggressive.
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His background is much more on the operational side, and that's a positive because that's what 3Com needs for them to reach operating profitability.
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The extra 2 percent ownership is a positive but it doesn't change economic value at 3Com much.
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The joint venture in China is doing very well .... The problem is, the rest of the business is continuing to do worse than I was expecting.
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