fair enough, we seems to largely agree on what is, differ some on what it means.
I haven't paid enough attention to broad opinion recently to guessify what folks are hoping for. I did last Q and somewhat deliberately went on a bit of a curb your enthusiasm meme for a spell.
As far as the hoping thingy, for me, much was quashed in Q2 remarks, little enthusiasm was shown for near term Samsung and I had hoped for some mindless 99% margin dime a box OEM stuff to backfill the Dell void, and Solms indicated (IMO) that ain't to be the case near term. (a contrasting thingy vs SKS who would have blathered all sorts of false hyperbole - Solms indicated (to me) disappointment or frustration and an indication that work was to be done to get that happening meaningfully for Wave.
other hopes are the well established ones (the high seat value things) VSC and SED management. I have penciled in them likely invoking 8-ks at around 350k or so, give or take. There have been none, given the stated sales targeting (lrg) it would seem Q3 will book as more or less sideways.
If the above represents disappointment then I would put it at greater than 50/50. Maybe some pilot scale thingys w/e.g. VSC, ca. 5k seats, that would move the needle on billings but not likely get 8ked, at this point that is the most I hope for for Q3, but I have that closer to 25/75 or worse. SKS would have blurted 5k pilots in some way by now no matter what, if such a thing has occurred and it shows up in the report then these folks definitely are trying to hold the line on hype and guidance.
The saving grace of course is an 8kable before the Q report, it wouldn't be in the numbers, but it would speak for itself. Just like like Q when I indicated I thought a lack of that could be (and was) punishing same holds for Q3.
The above content is my opinion.
