John Roth
![John Roth](/assets/img/authors/unknown.jpg)
John Roth
business carriers data demand financial growing momentum networks optical performance pleased quarter solid solutions
We are pleased with our solid financial performance in the first quarter and especially pleased with the growing business momentum we are seeing. Demand by carriers for our data and optical networks solutions has accelerated.
achieving final guidance impact line program results target
This program did not have any impact on the final results for 1998. We are on target for achieving results that are in line with our guidance for 1998 and 1999.
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.
cars changed good mileage older people plans sooner traded
People also changed their plans and timelines. They traded in older cars that didn't get good mileage sooner than they had planned.