Bruce Claflin Cost Quotations

The abruptness and severity of the current technology slowdown has clearly impacted 3Com. 3Com is taking immediate steps to reduce costs and achieve profitability.

Our cost efforts are more important than ever, given the softness we have seen in demand, both in past quarters as well as the current quarter, ... Despite this slowdown, it is our intention to return to profitability as quickly as possible while positioning the company for profitable growth.