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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: lehiguy who wrote (26906)	1/15/2006 11:03:05 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 57684

What procedure has everyone that you know had done overseas??? Give me some examples. Nosejob, pregnancy, face lift, bunyon (foot thing), arthorscropic (?) knee surgery to fix something related to a skiing accident, etc. I don't know of anyone who has had a heart transplant overseas, and for sure emergency care needs to be done here. But these other elective surgeries PAY FOR all the expensive equipment and drugs (all of which are overpriced by market terms of at least 100%) that get used in the emergency work. The bottom line for me is this- some industries have an artificial force working in their favor on pricing. Software had it in the 90s with companies afraid of y2k. The medical industry has it now with the screwed up US healthcare system that forces a huge % of our GDP into this industry. But those imbalances are short lived. Do ISRG and FOXH live in a true market where their market caps should be over one billion? Nope. The ONLY REASON the size of the market is what it is , is due to this extortion going on with the US healthcare system. But how long will it last? I don't know, I think its starting to crumble now with the widespread use of Canadian and offshore pharmacies for drugs. It certainly is something to be aware of when investing in medical tech, because as we all saw after y2k with software companies, the markets eventually correct.