Speed Specification

Dear all, I hope it is all ok with you.

I am new to Motion Control and sometimes I lost my train of thoughts.

I have tow simple questions for you guys. 

1) According to the attached pic, my axis will accelerate util it reaches the speed of 140 mm/s, after that the speed stays with the value selected in the Speed field?

2) As the delay checkbox is not selected, as soon as the current command in the chart is started the next one will also starts?

Thank you

Thanks a lot Mr. ChristophD.

Have a nice day