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Saturday, February 05, 2022 7:26:36 AM
I was invested twice...Amadeus and SPORT. The SPORT product appeared worthy but the management and business model are either incompetent or criminal...maybe both. When J-H gets their robot through FDA approval they are already beyond the capability of TMDI.
ISRG is well engrained in the operative landscape and they are not going anywhere. Flush with Billions in cash, sales of robots, peripherals, service contracts, updated product, and the only game in town forever. They probably have autonomy up their sleeves as well. They won't disclose that until competition becomes apparent and they have to. That is a wise business decision. "DaVinci" is also not their only approved and working robot. They have the "Ion" for pulmonary procedures which is quite a machine.
I was lucky not to lose much on either Amadeus or SPORT as I was a believer and invested in both at one time. What became obvious to me is that for whatever reason their business model was a failure. So many friends were also invested and lost money they couldn't afford to lose. It was like an addiction.
I wish all good luck Unfortunately TDMI....Res Ipsa Loquitur. "The thing speaks for itself."
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