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Emulex Corporation F4Q08 (Qtr End 06/29/08) Earnings Call Transcript

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2008-08-18 04:23:35.0

Tags: Emulex Corp.

Question-and-Answer Session

Operator

(Operator Instructions) We’ll take our first question from Glen Hanus with Needham & Co.

Glen Hanus - Needham & Co.

You said in the December quarter you expected a more pronounced than normal rebound if you will, did you mean that for both the HSP and ESP areas, and did you discuss the key drivers behind that, why are more normal rebound than normal and if you can quantify that at all would be helpful.

James M. McCluney

While obviously we don’t normally break out HSP and ESP guidance, but we do see?.

Glen Hanus - Needham & Co.

Was that a comment directed to both of those?

James M. McCluney

It was a comment directed, to both, although we see both product lines go sequentially stronger than normal seasonality, and we are expecting to see some improved results from the sales and marketing strategies that Jeff outlined as well and we are doing a much better job in exploiting some of the market trends that we see and take advantage of some of these changing buying patterns, and we’re starting to see the 8-gig products coming onstream as well in the December quarter, so there are some various things happening in the market, things that we are changing, and obviously as I said we are getting through some of these undercurrents in both the fourth quarter and first quarter of this fiscal year and get that stock behind this.

Glen Hanus - Needham & Co.

Could you comment at all about new sales marketing management or what your plans are there?

Jeffrey W. Benck

While we’re putting some specific sales and marketing tactics in place to drive really the channel and OEM share opportunities and gain opportunities as Jim kind of eluded to, we really are re-doubling our focus with server OEMs, particularly in the X86 and blade space ensuring that we’re timed to mark with products. As are as some of the changes we’ve made in the management team, we will look to augment our leadership there and bring on some additional talent to help us increase the focus in that space as we go through time. In the meantime, interim lead heading up the sales organization and I’ve kind of stepped in managing the marketing activities directly myself.

Operator

And moving on to Jayson Noland with Robert W. Baird & Co.

Jayson Noland - Robert W. Baird & Co.

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