Bleeding from every orifice

After reviewing the earnings released by Medtronic and listening to the call the vision that came to us was a patient laying on the operating table suffering from multiple self-inflicted gunshot wounds who was bleeding from every orifice. Unfortunately for the patient a skilled surgeon was not standing at table but Bevis and Butthead.

How bad is it?

Domestic sales declined

The company is guiding toward the lower range of growth 6 to 8%

And as the company acknowledged the competitive environment is getting even tougher

Before we go on here . . .

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