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Re: Jumpinjackas post# 77199

Tuesday, 09/11/2018 3:34:51 PM

Tuesday, September 11, 2018 3:34:51 PM

Post# of 140474
A. My theory is, yes we are at a high recession risk point according to the "experts". But they suffer from group think, lack of imagination, and general delusion. I assert there MAY be a small recession, if not a breif contraction (<2 quarters neg gdp growth) as a correction at some point in the near future, But there may not be and in the greater scheme of things, there is no reason the US economy should not keep chugging along at the same or better pace. As long as the Feds keep getting out of the way by slashing tax and regulation, business should thrive. The business of America is business. So i don't believe in 2 years when SPORT rolls into the ORs, the economy will be weak.

B. Even if it were the case that the economy was stifled in 2 years, I doubt it would be to the extent that would destroy TMDIs valuation. I think it would take an industry event/shift that rendered the tech useless. Otherwise it should still be a good value proposotion, especially in light of the monster cost of ISRG.