By John S. McClenahen Following a fiscal quarter in which his company posted both record quarterly revenues of $3.24 billion and a $241.5 million net loss after amortization and one-time charges, Michael E. Marks, chairman and CEO of Flextronics International Ltd. is cautiously optimistic. "We have reached the stage in our company where we believe we have the right footprint and service offerings, and intend to emerge from this difficult [economic] environment in the strongest possible shape," he asserts. "We believe all these restructuring charges are behind us." In the fiscal quarter ending Sept. 30, Singapore-based Flextronics, the world's second-largest contract manufacturer, took a $399 million one-time charge to complete the integration of recent acquisitions and to reduce excess capacity. Between the first and second quarters of its current fiscal year, inventory decreased $105 million, receivables remained flat and revenues advanced 5%.