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[ogm]

One helluva island reversal on daily chart.
Sales are a disaster. No f-ing way this stock should be trading anywhere above 300.

LOS ANGELES (MarketWatch) -- Shares of Intuitive Surgical Inc. ISRG -9.75% fell more than 8% after hours Tuesday as the maker of robotic surgery systems warned that first-quarter revenue would be down 24%, and off more than 13% from what analysts expected. The company says it also expects to take a pre-tax charge of $67 million for the settlement of product liability legal claims. A year ago, Intuitive reported revenue of $611 million, and analysts polled by FactSet had expected that to come down, but only to $535.5 million. The company said it experienced some revenue losses due to trade-in agreements for those opting to upgrade to its new the Vinci Xi surgical system. But sales of its predecessor the Vinci surgical systems are expected to fall 59% during the period due to fewer procedures and changes in hospital capital spending.



Here is another insight into the problem...
http://www.thestreet...mp;cm_ven=YAHOO