MNDY, Monday GS conference commentary

For anybody who is concerned about slowdown in software spend, Monday’s comments yesterday at GS conference may give you some optimism in this post FEDEX announcement doom. They reiterated what they said during their last earnings call - slight deceleration in Europe, FX hurting their revenues a bit. As far as they are concerned, the world is not falling apart.

Full call here…

relevant comments towards the end of the presentation.