Summary •Zoom beat FQ2'22 analyst targets, but the size of quarterly beats continues to trend downwards. •The company forecast FQ3'22 revenues to decline sequentially in further signs of a slowdown in business. •The stock headed into the quarter trading at 20x forward sales, while the future growth rates don't warrant this valuation. A lot of individual investors didn't want to listen, but $Zoom(ZM)$  faced nearly impossible comps due to pulledforwarddemand. Inaddition, the recent deal to acquire $Five9 Inc(FIVN)$ is exactly what companies do in order to replace stalling growth. My investment thesis remains very Bearish on the stock not correctly priced for