While listening to the conference call last night, after having my mind go numb listening to the long drone of advancing numbers drift by, I noticed a peculiar demeaner to the question and answer period. Usually when ISRG has a great quarter, the analysts preface the question with a congratulatory remark and then ease in to the question. Not this time. Most questions were short or asked in nearly somber tones. Some were almost complaints of lack of accurate guidance.
I think a few of them may be worrying that they might have some 'splainin' to do back at the office. Poor babies. I'm looking for another head fake downgrade based on valuation!
I, too, concidered downgrading my sentiment; but what the hey, I'm sticking, based on past performance.
<< What do you think a good price is to get in on this stock? >>
Heck if I know. There's little reason to sell and this stock just created a giant glowing dot on everybody's radar screen, so there's going to be exuberant buying. That's a recipe for a parabolic trust to the stratosphere. My suggestion...buy ASAP! I'm not joking.
(Well, that was a short reprieve from the bashers... ;-)
The longs on this board have taken the time to do the analysis, projecting sales and trends...
What would *you* consider an appropriate market cap, and why? Include your rationale (in detail please... None of this "It's not my job to educate you poor fools" line... It's been used and is the refuge of the worm), and then we can comment on what we believe to be the strengths and weaknesses in your analysis. Fair enough?
I for one would welcome such an endeavor.
<< What would *you* consider an appropriate market cap, and why? >>
I have no idea, except for the fact that companies with projected growth rate of 40%-45% (stated in cc) don't trade at such high valuations. I'm long BTW. My interest is when to buy more, but I can't rationalize buying at these levels...
no... I'm holding this one for a few more years at least...
every quarter so far, the company has been able to demonstrate that the da Vinci system is gaining stronger and stronger traction in hospitals... I don't know exactly what the numbers are... but I'm definitely not selling until there are da Vinci's in at least 10% of hospitals in the US... and we are certainly nowhere near that figure...