We were not generating the volume needed to compete effectively and profitably in the PC business.

We have already taken major steps toward these goals by slashing our debt by more than $600 million in the fourth quarter. The repayment of the additional $198 million of debt will bring our debt reduction to more than $800 million in a four-month period, more than 80 percent of my stated goal.

We move into the second half of 1999 confident that we can meet our earnings goals for the year.

As they approach the new millennium, organizations are striving to realize new levels of competitiveness, productivity and customer service through the use of leading-edge information technologies.

We don't have to twist arms to sell this business.

IP Telephony is maturing into the 'value-add' stage. By integrating communications with business applications and processes, companies can create business models that break new ground in customer service and operational effectiveness.