Replies to post #78113 on Biotech Values

[microcapfun]

same store sales

>>Rather, what bridgeofsighs is seeking (if I understand him correctly) is the growth in procedures conducted by machines that have been installed for more than one year.<<

I don't have that number. Furthermore it isn't clear what bridgeofsighs would do with that number if he had it.

However new systems aren't used nearly as often as systems which have been installed for more than one year, so one could obtain a *crude* estimate of 'same store procedures' by simply taking the total number of procedures and dividing it by the installed base a year prior.

micro

[bridgeofsighs]

>>ISRG – The “same store” sales growth
You do understand me correctly. I think it is important to see the installed base show procedure growth. The robots need to return on the investment for the hospital. Why dedicate a surgical suite to a Davinci if you are doing three procedures a week? Call me old school but I think looking at revenue is the best way to show growth. The numbers for instruments and accessories are Q3 08 76 million Q4 08 81.6 million Q1 09 79.6 million. OK, I am done until the next quarterly report.