Question-and-Answer Session
Operator
(Operator Instructions) Our first question is from the line of Gary Spivak with the Stanford Group. Please proceed with your question.
Marc Cohen
Hey, Gary.
Gary Spivak - Stanford Group
Good evening gentlemen. A couple of questions, one is post the acquisition did you see any change in the competitive landscape, anybody new showing up or anybody showing up more or less frequently than it had in the past?
Marc Cohen
Absolutely, as a result of the acquisition we are now competing with another group of companies including [Netconn], which I mentioned in the call that they have a number of products in the real-time monitoring space, which is the market that we are now addressing with our ACE Live appliance. And there are a number of other players in that space.
Gary Spivak - Stanford Group
Okay. Second, you put out some margin goals for Q4 this year in '09 and 2010. Do you have specific actions, is that generally based on your license growth expectations or there are some cost synergies that you are looking to put into the model?
Mel Wesley
Hey Gary, it’s Mel. We do have certain growth projections for all the different line item of revenue and cost as you would expect and we have currently put in place initiatives to pursue those.
Gary Spivak - Stanford Group
Okay. And finally, just a macro question: can you gauge the concern in your customer base of the environment and their appetite to spend early in calendar '08?
Mel Wesley
So far, we haven’t seen anything that raises any concerns. We're seeing tremendous amounts of activity, both on the general tryouts that are being requested and so I can't say that we've seen delays yet in the budget process. So it's probably a little too early to tell.
Gary Spivak - Stanford Group
Okay. Thank you. I will finish here.
Mel Wesley
Thank you. Thanks, Gary.
Operator
Next question is from the line of Richard Sherman with MKM Partners. Please proceed with your question.
Richard Sherman - MKM Partners
Hey, good afternoon guys. Can you hear me?
Marc Cohen
Hey, Rich.
Richard Sherman - MKM Partners
Thanks. I have a couple of questions here. In terms of the operating margin guidance that you provide: I know this you are now providing pro forma numbers. Is that a pro forma operating margin or a GAAP operating margin target for '09 and the 2010?
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