Jerry Murdock

If you look at most software companies that are out there, normally when a new technology comes, it sort of expands the market before it contracts because people are already in their momentum.

If you look at most software companies that are out there, normally when a new technology comes, it sort of expands the market before it contracts because people are already in their momentum.

They're doing what they're doing.

They're doing what they're doing.

I wouldn't expect to see normal software companies, to see software just fall off the radar.

I wouldn't expect to see normal software companies, to see software just fall off the radar.

That's not going to happen.

That's not going to happen.

I think what happens is that people get fearful and prices change.

I think what happens is that people get fearful and prices change.

And then the underlying quality of the business changes based on how well the management team adapts to the situation.

And then the underlying quality of the business changes based on how well the management team adapts to the situation.

You can imagine some companies that have system of records that have great context could actually increase value if they're able to put that context to work with agents, with autonomous agents.

You can imagine some companies that have system of records that have great context could actually increase value if they're able to put that context to work with agents, with autonomous agents.

And then you have other people that, oh,

And then you have other people that, oh,

They don't really adjust fast enough.

They don't really adjust fast enough.

They don't really understand what the new market's like.

They don't really understand what the new market's like.