John Roth
John Roth
continued grew growth internet key leadership local market networks optical quarter rates reflected revenue second solutions wireless
Nortel Networks had another quarter of outstanding growth, which reflected our continued market leadership in key growth segments, ... In particular, our optical Internet, wireless Internet, and high-speed local Internet solutions revenue grew at rates of more than 150 percent, 18 percent, and 80 percent, respectively, over the second quarter of 1999.
assess conditions continue customers delays economic expected impact longer market seeing spending
We are seeing longer than expected delays in spending by our U.S. customers as they continue to assess the impact of the economic and market conditions on their businesses,
continue earnings expect faster given grow growth internet leadership market operations per percent position revenue share strong
Given our strong market position and leadership in high-performance Internet solutions, we continue to expect to grow significantly faster than theÊ market, with anticipated growth in revenue and earnings per share from operations in the 30 to 35 percent range,
continue earnings excess expect faster forward given grow growth looking market networking operations overall per percent position share strong
Looking forward to 2001, we expect the overall market to grow in excess of 20 percent. Given our strong market position and industry-leading networking solutions, we expect to continue to grow significantly faster than the market, with anticipated growth in revenues and earnings per share from operations in the 30 to 35 percent range.
adjusting below billion cost current drive expected industry instead levels light plan quarter revenue targeting work
In light of the current levels of expected industry spending, we are adjusting our work plan and targeting a cost structure, expected to be in place during the first quarter of 2002, to drive breakeven at a quarterly revenue level well below $4 billion, instead of the $5 billion quarterly revenue level outlined previously.
excuse heard help straight
They have probably heard every excuse in the book, so be straight with them and they'll help you out,
compared expect growth operations percent previous revenue view
We expect that our revenue growth in 2000 over 1999 will be in the 30 to 35 percent range, up from our previous view of 20 to 21 percent, and that our growth in earnings-per-share from operations in 2000 compared with 1999 will be around 30 percent,
died oxygen species tells wiped
This tells us that something wiped out enough oxygen so that most species died out.
charge concerned cost customers energy forced high less prices
Our customers are inhibited by the high cost of energy and steel. They are concerned that the prices they are forced to charge make them less competitive.
absolute cash cost line low obviously period priority seen structure sure
Obviously cash conservation is a No. 1 priority as we make sure we get our cost structure in line in this period of very low revenue, ... This is an absolute surprise. We've never seen a downturn this rapid.
billion cents confident earnings enter final fourth fully guidance month operations quarter range revenue share stated
As we enter the final month of the quarter, we are very confident in our previously stated guidance of revenue and EPS from operations in the fourth quarter in the range of $8.5 billion to $8.8 billion and earnings per share of 26 cents on a fully diluted basis,
block nice practice
It's just doing what you do in practice, ... (Left guard) Geoff Townsend made a nice block and I was able to get outside.
leave painful
It's really kind of painful to see this leave the family.
card credit interest percent usual
There's also going to be the usual 18 percent interest (from the credit card company),