Enterasys Trims First Quarter Revenue Outlook

Citing declines in service revenue, Enterasys Networks now expects its overall revenue for the first quarter ending 03-April-2004 to be in the range of $85-90 million. The company indicated that sales are being adversely affected by recent intensified competitive activity in a market environment that remains challenging. Factors of note include deal specific pricing pressure, delays in various government budget cycles, and sales execution issues that led to previously announced changes in the sales organization. http://www.enterasys.com