Is It a Recession or a Down Turn?

Harmonic is a rare story where regardless of recession conditions, we'll see the top line grow this year and next 20 % with margin expansion. And even though the stock is done very well this year, it's down six% versus down almost 60%. The likes of uber and lift are part of this reopening play a. As you see more conferences, especially here in san francisco, they're seen as beneficiaries. However, their valuations have been beaten down as well.