Rex, thanks for these scenarios. I think that the market can’t figure out at the moment if next year Zoom will be growing at 50% or below - more like 30%.
I think that if Zoom will be able to grow next year at 80-100% there is a huge upside from today’s price like 50-70% or so.
If we will see more like 50-60% topline growth - I agree that upside on share price is more like 30-40%.
If we’ll see growth in 30s - well then probably we have to start reducing the position as I wouldn’t see much upside on share price in this scenarios.
ZM is still large position for me competing for the first place with CRWD, and I’m trying to figure out - like most of us on the board - what to do next.
I’d say that middle scenario is base case at the moment with hope in the first scenario. But we don’t invest in hope here.
What would others say?
Best,
V