Well, we are confident; the fundamentals are very strong—stronger, I would say, than what we are putting into our forecast. We're being purposely cautious on this issue, precisely because of what we've been through. Our models will naturally not work as well as they have historically, because there's been a structural change in the sector. In that respect, our confidence is very strong and of course confirmed by conversations with real companies.
On April 28th, 2015. See this statement in context.