Question-and-Answer Session
Operator
(Operator Instructions) Our first question comes from Natarajan ?Subu’ Subrahmanyan - Sanders Morris Harris Group.
Natarajan ?Subu’ Subrahmanyan - Sanders Morris Harris Group
Just to clarify, if you added that $15 million in revenues from the full quarter at the midpoint are you suggesting that the combined company revenues would be relatively flat from the July quarter? Am I understanding that right? And Jerry, I know you said you’ll talk more about the fiscal year later, but should we start seeing the growth start to happen in the January quarter going into the April quarter based on the timing of the new products you’ve introduced?
Jerry S. Rawls
Yes. I think that’s right. Our expectations for the next quarter are that it’s going to be okay. It may grow a little bit. It may be some modest growth in the next quarter if any but we expect the second half of the year to be quite strong. Again it’s all about new products driving our growth.
Natarajan ?Subu’ Subrahmanyan - Sanders Morris Harris Group
In terms of color on the new products that have added growth between the storage side having stayed strong and several of new product introductions in the telecom side, would you expect a good mix of those or is it primarily the telecom side products that you think are going to drive that growth?
Jerry S. Rawls
Well it’s a whole bunch of things but I would guess that an awful lot of it would come from telecom. I say that but you look at the large 10 gigabit Ethernet, there are a large number of products that are in 10 gigabit Ethernet and that is the fastest-growing segment of the networking segment. And we have a dozen products at least there that are being qualified right now. So I’d say we’re going to get an important contribution from both networking and from telecom but the really exciting stuff that Optium is doing in their ROADMs, the WSS and their 40 gig with the DPSK that Eitan was talking about earlier, I think are very exciting for fourth quarter and next year.
Natarajan ?Subu’ Subrahmanyan - Sanders Morris Harris Group
Steve, would you tell us a combined full quarter expense run rate for the combined companies so the $10 million to $15 million annualized lower OpEx you were talking about we’d have a baseline to work off of and what the combined level should be to [inaudible]?
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