John Loose
John Loose
added capacity costs demand expected fixed lower market meet million optical range sales year
As a result, we added significant capacity and fixed costs to meet expected market demand that has not materialized. We now expect sales this year in the range of $600 million to $700 million for this business, with significantly lower sales of optical amplifiers and other photonic components.
appetite bandwidth believe capital continue expansion global help internet leader ongoing optical performance products recent research
Our investments in capital expansion and ongoing research and development, coupled with recent acquisitions, have positioned Corning as a world leader in optical networking, ... We believe the global appetite for Internet bandwidth and high-speed performance will continue to expand, and our products and technologies will help make that possible.
camp chance coached coaches evaluate goes meet money players prospects raised
Everyone at the camp wins. Players are coached and have a chance to make many contacts. Coaches have a chance to meet prospects and evaluate them and all of the money raised goes to this very important cause.
continue weak
continue to be weak for the remainder of the year.
based customer customers meaningful occur outlook recent recovery slowly spending
Our new outlook is based on recent customer feedback, which indicates that a meaningful recovery of spending by our telecommunications customers will occur much more slowly than we had previously anticipated,