>>ISRG is down about 30% from its price in early 2010 during a period when stocks have rallied. Do you have anything to add to what you previously posted on this board? T.i.a.<< (Dew)
Dew,
I apologize for the rather tardy reply to your query ... and by the way, Happy New Year.
ISRG is now up slightly from its price 1 year ago - but in any case - wasn't it you that said, "The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated
in any area of human knowledge!”?
Anyway, da Vinci procedures increased by ~35% in 2010. I thought they would grow a bit faster, but it seems a lot of people delayed elective surgeries due to the economy. In any case I continue to feel Intuitive will have many more years of rapid growth ahead of it and is significantly undervalued on a cash flow basis.
micro
Life is an IQ test.
email: microcapfun@yahoo.com