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Teacherman1 (< 20)

Any useful thoughts on Hansen Medical?



September 07, 2009 – Comments (5) | RELATED TICKERS: HNSN

I have been looking at this as a potential (very long term) investment, but can't quite get a handle on it.

The health care industry is not one I have invested in, but with the "Health Care Reform"  (at least in some form) coming down the pike, I thought it was time to take a look.

I am wary of the small pharma"s because of the voliatility, and the quick reversals in fortune they seem to experience. I thought perhaps medical technology might be a better area for my longer term investment horizon.

Hansen seems to have a good product (but very expensive), and their profits to date have been non-existent. 

My question is to anyone who has some experience and expertise in this area. 

Is it just a matter of time, or is it still a long shot to even survive?

They were about to run out of money due to high R&D and G&A expernses relative to sales, but they recently did a stock offering to bring in more operating cash.

Would appreciate any comments or suggestions.


5 Comments – Post Your Own

#1) On September 07, 2009 at 5:48 PM, dragonLZ (91.79) wrote:

I don't like its chart. I wouldn't buy it at this point. Based on what I see, HNSN might have another big drop in its share price in the next quarter too. If it continues going up through the next quarter, then it deserves another look. Right now, my rating of HNSN: Stay Away...

p.s. I don't know anything about this company nor its industry. I'm just looking at its chart...

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#2) On September 08, 2009 at 8:27 AM, lemoneater (57.42) wrote:

My favorite medical robotics stock is Intuitive Surgical ISRG. Every time I read a quarterly report Intuitive has yet another surgical venue to explore. If you compare it to Hansen, I think you will see that Intuitive is more diversified in what it does. However, I would wait for a better entry price. I came in at $99 a couple years ago. The share price is highly volatile. So buy it low enough that you aren't bothered by what it does. It can easily go up or down by $30 or more a day depending on what analysts say.  

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#3) On September 21, 2009 at 12:19 PM, dragonLZ (91.79) wrote:

I guess I was wrong about HNSN...

Didn't expect today's 30+% jump. But, once again, if it doesn't have any significant dips (or continues going up) through the next quarter, it might be a good play...

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#4) On September 26, 2009 at 12:07 PM, darsh111 (63.87) wrote:

HNSN plays mainly in to robotic catheter space, and their sales and growth estimates have been really bad in the recent past due to economic downturn. But, there is still huge long term potential for its products. Also  lot of the senior management is from EX- ISRG which knows this market space very well. It is welcoming that from this quarter company has stopped declaring quarter by quarter forecasts so they can immunize the stock price a bit from this high volatility every earning's announcement. For FDA clearances they have always come out clean and are making good progress for getting required US and EU approvals for upcoming equipments. At sub 4$s this stock is at a good entry point currently if you have apettite of little higher then normal risk and a bit bumpy ride to the long term riches.

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#5) On October 04, 2009 at 6:05 PM, Teacherman1 (< 20) wrote:

Thanks for the comments.

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