Mr. Ives: At FBR I cover security and infrastructure software, which include a whole gamut of software companies, including the likes of Amdocs (DOX), Nuance, Riverbed, Blue Coat as well as a number of the security guys - Symantec, McAfee, Websense - as well as virtualization players, like Citrix, and storage vendors, like EMC.
TWST: Looking at your coverage universe, what type of growth do you expect among security software companies in 2010? What factors will drive that growth?
Mr. Ives: In 2010 we are looking for an improvement in spending, although I would believe modest. I think growth depends on which company you are talking about. I think in general, we will be looking at a 5% to 10% growth from most of the companies that we cover, although that can vary depending on economy and spending.
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