Another billion dollar stock buyback

Quote

Anonymous

Guest
Every quarter they buy back a billion in stock. Why not invest that acquiring other technologies to diversify your portfolio? No other company wastes their capital obsessing over the stock price. They use their capital to grow the business.
 






























Anonymous said:
don't want to mess up those exec bonuses
Click to expand...

While it is true the board has approved almost a billion dollars total for stock buy backs their has never been a single quarter with a billion dollars in buy back. Let alone multiple quarters.

As you suggest, their are permanent records.....show me what your BS has made a truth in your world.

Plenty of reasons this company is a disaster to work for....this is not one of them.
 






The majority of the boards' and the execs salary is tied to the stock price. Last year they wasted 1.5 billion and this year 1 billion to keep it inflated. How is that legal is beyond me. It's a conflict of interest to approve buybacks every time the stock takes a nose dive. Imagine how they could have grown the business with that money.
 






The only way they are going to grow the business is if they used that money to buy business... literally. They are a victim of their aggressive legacy. The growth was bound for stagnation. There are currently pockets of successful adoption (now probably tapped out). The others that have not adopted... may not.... ever... no matter how much reps are micromanaged. It may not be the end of the road for Intuitive, but the highway just turned onto a rural dirt road. Now that they launched an Xi.... well to follow the analogy... a sports car on a rural dirt road. Execs know this, and turn a blind eye because of their blatant pride. Strategy NEEDS to be revamped, even if culture hasn't
 






Corporate greed defies logic and reality. It's the same everywhere. Execs are willfully ignorant to the realities in the field and will do anything to extend the gravy train as long as possible, rather than admitting that it was a good while it lasted and it's time to recalibrate. It happens just about every time a business explodes like ISI did over the last decade.
 






Anonymous said:
The only way they are going to grow the business is if they used that money to buy business... literally. They are a victim of their aggressive legacy. The growth was bound for stagnation. There are currently pockets of successful adoption (now probably tapped out). The others that have not adopted... may not.... ever... no matter how much reps are micromanaged. It may not be the end of the road for Intuitive, but the highway just turned onto a rural dirt road. Now that they launched an Xi.... well to follow the analogy... a sports car on a rural dirt road. Execs know this, and turn a blind eye because of their blatant pride. Strategy NEEDS to be revamped, even if culture hasn't
Click to expand...

um its kind of easy to grow when you are the ONLY FUCKING SHOW IN TOWN! Arrogant cunts.
 






Well that's not what your last 3 quarters have looked like. Posting a loss and a buy back does not signal growth buddy. Wait.... are you one of the air conditioner reps Intuitive hired? Oh OK, that would explain your last comment. Forget the unprofessional language, I can deal with that, it's the reps that don't have a clue. That is why JA is still banking - because of clueless drones like you and people like you. So what DOES that day about the company "the only show in town" and they STILL miss the target....sad.
 






Anonymous said:
Well that's not what your last 3 quarters have looked like. Posting a loss and a buy back does not signal growth buddy. Wait.... are you one of the air conditioner reps Intuitive hired? Oh OK, that would explain your last comment. Forget the unprofessional language, I can deal with that, it's the reps that don't have a clue. That is why JA is still banking - because of clueless drones like you and people like you. So what DOES that day about the company "the only show in town" and they STILL miss the target....sad.
Click to expand...


Dude, you must have came out of the womb a bad ass med device rep...as if selling staplers, hernia mesh or OR lights automatically entitles you to be a great rep. Really!? its a stapler.. its probably on contract and you baby sit cases and maybe you might be able to get a bariatric surgeon to increase utilization. Selling an industrial a/c to a huge building contract seems a little bit more complicated than that. Get over yourself.
 






Anonymous said:
Dude, you must have came out of the womb a bad ass med device rep...as if selling staplers, hernia mesh or OR lights automatically entitles you to be a great rep. Really!? its a stapler.. its probably on contract and you baby sit cases and maybe you might be able to get a bariatric surgeon to increase utilization. Selling an industrial a/c to a huge building contract seems a little bit more complicated than that. Get over yourself.
Click to expand...

Don't lose your mind now a/c rep. Or are you the rent-a-car rep? Anyway, I do like your last comment though. There are a lot of babysitters in the O.R. (EES especially). Besides if the a/c reps that were hired lasted more than a week in training.... I could understand... barely. But you assume too much... these a/c reps sold b2b in the scorching desert.... and still didn't make it. Kinda like ISI and having the only robot... and still missing the mark. Weak sauce.
 






























Note to Intuitive management (from a stock market research group “Citron”):
“It is about time that Intuitive takes a step back from its aggressive sales and share repurchase practices. Use your money instead to establish proper training centers for surgeons.”


Here are just a few of the questions that stand out to us:
* Why is none of the injured during robot surgery “video” of the surgery being retained? (Video recording and storage too technical? Afraid a jury will see? Can’t send "the video" as part of the M.A.U.D. report to the FDA?)
* How can so many bowel punctures and burns be occurring in “highly routine” surgeries such as hysterectomy and prostatectomy?
* Why does the company insist on appending every injury and death record with one of it’s don’t blame us annotations, such as “no machine failure”, “no system errors”, “system functioned within specification” or “no anomalies detected during the surgery”, etc. ?
* Is death a reasonable risk factor from a routine cholecystectomy (gall bladder removal), one of the simplest and most routine surgical procedures?
*Why are patients with serious septic aftereffects of Da Vinci surgery discharged from the hospital, only to be readmitted to the emergency room in life threatening conditions?

Was it the "urgent medical devise notification 2955842-05-07-2013-05" (Recalled part)?
MMMMMMM
To date 2.5 Billion in stock buy backs... That sure can do so much more than inflate the stock so the executives can sell out... Insider trading may be legal... to a point... I.S. is missing the point... This company is gonna crash when they get sued. Some time this year they go to TRIAL. that's why they cashing out!
You reps will be called to testify. Why your not spill the beans now? You know I'm right... So take what you know to the victims attorneys and get even with the greedy pigs! Or not... and see what happens when they shut down and you looking clueless...
 






Anonymous said:
Note to Intuitive management (from a stock market research group “Citron”):
“It is about time that Intuitive takes a step back from its aggressive sales and share repurchase practices. Use your money instead to establish proper training centers for surgeons.”


Here are just a few of the questions that stand out to us:
* Why is none of the injured during robot surgery “video” of the surgery being retained? (Video recording and storage too technical? Afraid a jury will see? Can’t send "the video" as part of the M.A.U.D. report to the FDA?)
* How can so many bowel punctures and burns be occurring in “highly routine” surgeries such as hysterectomy and prostatectomy?
* Why does the company insist on appending every injury and death record with one of it’s don’t blame us annotations, such as “no machine failure”, “no system errors”, “system functioned within specification” or “no anomalies detected during the surgery”, etc. ?
* Is death a reasonable risk factor from a routine cholecystectomy (gall bladder removal), one of the simplest and most routine surgical procedures?
*Why are patients with serious septic aftereffects of Da Vinci surgery discharged from the hospital, only to be readmitted to the emergency room in life threatening conditions?

Was it the "urgent medical devise notification 2955842-05-07-2013-05" (Recalled part)?
MMMMMMM
To date 2.5 Billion in stock buy backs... That sure can do so much more than inflate the stock so the executives can sell out... Insider trading may be legal... to a point... I.S. is missing the point... This company is gonna crash when they get sued. Some time this year they go to TRIAL. that's why they cashing out!
You reps will be called to testify. Why your not spill the beans now? You know I'm right... So take what you know to the victims attorneys and get even with the greedy pigs! Or not... and see what happens when they shut down and you looking clueless...
Click to expand...

Intuitive Surgical had sent a Customer Safety Notice Letter in October 2011 to customers with Safety Recommendations and Suggestions to prevent this situation from occurring. The main bullet points from the letter to minimize this risk are:

*Avoid Instrument Collisions.
*Carefully Install the Tip Cover.
*Straighten wrist prior to removal.
*Inspect cannula prior to use.
*Do not exceed maximum monopolar cautery settings.
*Only use Validated ESUs.
*Be aware of critical anatomy in contact with the instrument.
*Change Tip Cover in cases with extended cautery use.

Each of bullet items listed above have detailed explanations in the letter.

My wife’s doctor could have used those instructions in August 2010 (they are one year 11 day’s late.) Also included in the letter was for them to use the “correct generators” that power the part in question. I wonder if my wife’s doctor had the “correct generator”? The FDA 483 report stated that the letter they sent: “was not part of the user needs (Safety Recommendations and Suggestions) included in the design…”

Intuitive Surgical Inc. made fraudulent representations to the FDA to obtain approval for a medical device and that, had Intuitive Surgical Inc. not made those misrepresentations, the FDA would not have approved the medical device and my wife would not have been injured.

What can the defense be? They will be SHUT DOWN soon...
 






Top Bottom
Back
Quote