It was a challenging quarter for Micron Electronics. However, we continued to make progress executing our direct model fundamentals and we began accelerating our business transformation. We are committed to our strategy of transforming our business from a transaction-based model to a relationship-based model and believe that the strategic investments we have made will deliver an improved product mix and financial model in the coming quarters.

Joel Kocher

Related Quotes

During the past quarter we faced a number of challenges that impacted our PC business, including component supply shortages in the notebook business and aggressive pricing by competitors in the government sector.

— Joel Kocher

Unfortunately for us, the timing [of the Pentium III release] could not have been worse.

— Joel Kocher

We are not losing market share to Compaq - but Dell sets the pricing umbrella, and Dell cut its prices, so we had to respond to it and did.

— Joel Kocher

Intel typically doesn't talk of new products until the day of shipment. The timing and early promotion, which deviated from earlier practice, hurt our business.

— Joel Kocher

We have continued to make progress over the last two matches. It is very encouraging.

— Joel Elliott