Yes it pretty well gets down to whether you make your own...

Yes it pretty well gets down to whether you make your own judgement as to how the market affects DDR or you believe or even half bellieve what Vlad said in that interview. I know the interview does not get down to % or dollar figures but even if you dampen down Vlad's enthusiasm it would be hard to believe that they are going backwards. Personally I think that the Saas section of the business is growing and the recurring revenue is now a meaningful part of the business. Businesses and private individuals certainly can reduce spending on hardware but as you say DDR is more diversified than that - plus what about the backlog of hardware that they are still wading through - although that is not a big issue now there is still a lag there according to both David Dicker and Vlad. If there is going to be any softening in revenue here it will be in the hardware and when the backlog lag is over.