17 Quotes by Eric Benhamou

We're focusing on markets where we have established a leadership position. We're transitioning out of businesses that are no longer strategic to 3Com's future.

This quarter's significant increase in revenue and improved results over last quarter reflect that we have gained traction in the marketplace and restored operational rigor.

So far we seem to be off to a very good start. Clearly the two companies have different cultures but these cultures are proving to be compatible.

Silicon Valley is a hotbed of innovation in wireless technologies. Establishing a ubiquitous network will enable the deployment of a new generation of broadband services for our entire community, including small businesses, schools, non-profits, and all the citizens of our region.

Under Bruce's leadership, 3Com developed a strategy to become a leading global provider of secure converged networking solutions for small, medium and large enterprises.

Palm executed quite well in a down market.

Over the quarter, our pro forma gross margins grew to nearly 35 percent, we generated positive cash flow from operations, and channel inventory remained within our desired range. And we have positioned the company to address broader market opportunities with innovative new products this fall and when the industry moves to a new growth phase.

Our seasonally weak third quarter was exacerbated by several factors.

While we remain optimistic about the long-term growth opportunities in the sector, we are disappointed that we will not meet our revenue and profitability goals this quarter.