Éric Benhamou (born in 1955 in Tlemcen, Algeria) was the former CEO of 3Com and Palm. (wikipedia)
Tangible progress across virtually every aspect of our income statement and balance sheet gives us increased confidence in our ability to execute and to return to profitability.
Our alliance with CAIS will make it easy for travelers to get access to the information they need while on the road.
Our alliance forms the basis to serve a substantially expanded user base by offering advanced network infrastructures for integrated data and multimedia services.
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.
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.
As we enter fiscal 2000, rapid growth of emerging new businesses such as handheld computers and broadband access, coupled with success of our systems solutions, are transforming the growth profile of the company.
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.
We have a tightly focused strategy; we are growing again; and we believe we can execute our plans on time and within budget.
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.
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.