No, you are not reading challenged, the forecast you cite was from DEcember last year for this year, and indeed all targets were reduced 300 az points as the market failed to get above the January highs. So, we are not really very far from that corrected target (about 1150?), as for the 50% ramp after we, hopefully, set a bottom here in October, that could very well still happen, but not in the last quarter, it may take longer, and only if the bounce does not become too exuberant in its first few weeks. I hope no one expect me to give a blow by blow a full year in advance, I have always stated that as the scenario progresses, targets will definitely be modified, as the market humbles all observers. At least I am not stubbornly staying with "a forecast" and tell the market that it is wrong not obeying that forecast (g), when I a wrong (and that happens often enough) I try and adjust.
Zeev