During the last six months rumors have been swirling on the Street that a few companies have been implementing strategies to position themselves for an attempt at an IPO. The first company that comes to mind is Globus. The Street is reporting that over the past six to nine months Globus has been cleaning house of its independent distribution model and hiring direct reps. Not a surprise, considering that the Street really frowns upon independent distribution models for the obvious reasons, control and compensation. In addition, before an IPO can occur, the banksters usually like this model in place. But the question must be asked; Is Globus such a hot commodity, and TSB means commodity? From a revenue standpoint, yes. From a technology standpoint, isn't this another "me too" company that has been genetically engineered to resemble its soul sister Synthes? I mean let's be truthful, its not like Globus came up with original ideas when the powers to be started the company, which led to breaking one of the ten commandments, "thou shalt not steal?" So the questions that must be asked of our bloggers, is how does another "me too" company grow its revenue as quickly as Globus did, and, do you see this company going public anytime soon?
The next company is Amedica. TSB knows that many of you are tired of hearing about this company. Yet, publicity can be a double edged sword, if you can't live up to the hype. We all have seen a little hype come out of this industry. By raising $30 million and acquiring US Spine, TSB finds it hard to believe that the shopping spree is over. Let's look at the integration of both of these companies. Seperately, both were nothing more than a carnival act, with a couple of carnival barkers. Even with this acquisition, there are still gaps in this portfolio. Neither company had its own cervical plate. The Tether cervical plate is seven year old technology designed by Theken and owned by Integra. In addition, there is no interspinous process device. At best, this acquisition makes Amedica a "C" Level player. So TSB can see a stock and cash deal in the making for some lucky company . So the next question to our bloggers is; who will be that lucky company, and does anyone foresee this being announced at NASS, and is the game plan to take this company public in eighteen months. You know want TSB says, SiN in spine may turn out to be their mortal sin.
The last company is Lanx. Since last December, this company has been cleaning house of both regional manglers and independent distributors. Why? Because as in the aforementioned paragraph on Globus, the banksters do not like specific models that allow for people to make a lot of money, unless it is themselves. ROI is the most important aspect of any investment, so maybe, just maybe, the banksters will leave the rest of you some crumbs for your hard work. In addition, with the amount of activity that Lance "Hot Pants" DeNardin has been generating (firing great managers to bring in his Medtronic friends) it seems that the wild wild west exists at the Medtronic of the Rockies. So the question to our readers is; Does this company has the firepower to go public.
Now, what y'all wanna do? Wanna be ballers, shot callers?
Brawlers who be dippin' in the Benz with spoilers
On the low from the Jake in the Taurus
Tryin' to get my hands on some Grants, like Horace
Yeah livin' the raw deal, three course meals Spaghetti, fettucini and veal
But still, everythings real in the field
And what you can't have now, leave in your will
But don't know me for tryin' to bury, Seven zeroes in Rio Dijanery
Ain't nobody's hero, but I wanna be heard, On you hot 9-7 everyday, that's my word
Swimmin' in women, wit they own condominiums, Five plus five who drives milleneums,
IT"S ALL ABOUT THE BENJAMINS...........................