To all the people who said this company would never make it, well feel free to purchase some stock: CFMS
Yes congratulations. Now you have to answer to wallstreet like the rest of us. I hope the reps have saved some money because now commissions will become the quickest way to beat earnings. Nice if you have options though. Cheers
Are there still any doubters? Can't argue with 300 knees over 7 different clinical centers. http://www.bizjournals.com/boston/blog/health-care/2015/08/study-on-custom-knee-replacements-ups-stock-price.html
Just gotta ride it out. Sorry you never had to deal with challenges, other than "servicing" the delivery to hospitals.
Doubters challenges all things mentioned in this thread Now you have your first major challenge, voluntary recall. Let's see if th doubters increase and how you guys bounce back from this recall.
watch out tomorrow and Tuesday...PS uptake is slooooooowwwwww...will be another buying opportunity Wednesday.
What a fucking smoke screen of a 2nd quarter call report.. Let's hear it for that A-team consisting of a total of 4 people calling on all of the hospitals across the country to the C-suites making headway...ask Stryker how it's going with their enormous headcount trying to sell their marketing gimmick of a robot to bring more business and do total knees for a lot cheaper than conformis.. Plus, the statement of doing manufacturing overseas in the next 2-3 years was gold too.
Great time to be with Conformis. Wait til S&N pays up for patent violations. Watch what we do in the next 6 months. Great job.
The problem is outside of a narrow group the majority of the people working there are morons/hacks/r*****s. It is systemic at every level from entry level positions to the C-Suite at corporate. As for the field sales force and managers...a few good to great people, but most of them can’t close a car door, let alone a sale. If the company could get out of their own way it would be a rising star. Sadly it’s been mismanaged for so long that the only way to fix it would be to gut virtually everyone on a corporate level and put the tech in the hands of someone/a company that knows how to grow and has other product to offset margins and get pricing in order until this hits a tipping point in terms of technology acceptance.
Sounds like you were there and fired for non-performance. Call the Board of Directors and take over for the executive team, I am sure they would enjoy your input.
Sounds like you came from Stryker culture...just give them a low price, no matter the technology. We know how to grow...drop price and hire some ex-jocks and make them think they know how to sell, because all the docs at Hospital X are forced into using our trauma products which are cheaper than others. Good management there.
