Leveraged companies versus cash rich companies

['Chair]

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Thanks for the post krishan.

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[midas]

Krishan - watch out for the laser sector - all the comps are down. Growth seems to have slowed dramaticaly.

[krishan]

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Krishan - watch out for the laser sector - all the comps are down. Growth seems to have slowed dramaticaly.

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Yes but it's hard to tell why. We are talking about medical devices. So is it less people are getting procedures done AKA less end market demand? Or is it doctors getting nervous about a recession and potentially curbing spending in anticipation of a slowdown.

I'm not even sure how much laser aesthetics will be affected by a economic slowdown considering the considerable tailwinds of aging baby boomers, better acceptance, better technologies/results.

And also, I don't think longer term (3-5 year) this in industry that will stagnate. The new procedures are very interesting and getting better/safer all the time.

Know anything specific about any of the companies? Or just macro worries?

Krishan

[midas]

Krishan

In the past I have followed the sector. the sales of repacement heads ( the front end of the laser) may be slowing. Lets just say that this sector may look like a value buy but you need to dig into the underlyling sales metrics.