15 Quotes by Henry Schacht

Lucent will continue to review its internal processes throughout fiscal year 2001, which may result in additional cost structure improvements and associated business restructuring charges as it moves from a multi-divisional company to one with a single focus on the service provider market,

Lucent got off track because we tried to grow our company faster than, in hindsight, we were able to,

For us to go ahead and try to predict top line, we're just not prepared to go there,

Our team is working around the clock to restore an American icon.

We wanted to make this public as soon as we discovered the issue, ... I have asked our outside auditor and outside counsel to assist us in doing a complete review of this and any related issues.

We are clearly disappointed in our results for fiscal year 2000. We are looking at fiscal year 2001 as a transition and rebuilding year for Lucent. Lucent remains a company with world-class products, people and knowledge of networks, and we are fortunate to compete in one of the world's leading growth markets.

We are clearly disappointed in our results for fiscal year 2000, ... We are looking at fiscal year 2001 as a transition and rebuilding year for Lucent.  Lucent remains a company with world-class products, people and knowledge of networks, and we are fortunate to compete in one of the world's leading growth markets.

We believe our revenues will improve in the second fiscal quarter of 2002. In fact, we are seeing early signs of increased customer spending in some segments of our business for that quarter, ... This isn't surprising because even our customers' reduced forecasts for calendar 2002 are still higher than their rate of spending in the current quarter.

These are uncertain times. We've got on our belts, suspenders, parachutes and skyhooks,