Wha's Up W/Resmed???

[Slinky]

Wha's up w/Resmed?? The mucky mucks in the company have been selling of quite a few shares.

CFO of ResMed Inc. (RMD) Brett Sandercock sells 6,759 shares of RMD on 11/18/2010 at an average price of $33 a share.
CFO Brett Sandercock sold 10,000 shares of RMD stock on 11/15/2010 at the average price of 33.59. Brett Sandercock owns at least 66,871 shares after this.
Sr. VP Sleep SBU Michael J. Farrell sold 12,953 shares of RMD stock on 11/12/2010 at the average price of 33.7. Michael J. Farrell owns at least 16,891 shares after this.
COO, Europe Stein Jacobsen sold 87,722 shares of RMD stock on 11/12/2010 at the average price of 33.23. Stein Jacobsen owns at least 30,001 shares after this.
COO Asia Pacific Robert Andrew Douglas sold 20,000 shares of RMD stock on 11/12/2010 at the average price of 33.51. Robert Andrew Douglas owns at least 34,757 shares after this.
CEO Kieran Gallahue sold 24,000 shares of RMD stock on 11/10/2010 at the average price of 33.12. Kieran Gallahue owns at least 56,922 shares after this.
Sr. VP Sleep SBU Michael J. Farrell sold 21,047 shares of RMD stock on 11/11/2010 at the average price of 33.7. Michael J. Farrell owns at least 16,891 shares after this.
Executive Chairman Peter C Farrell sold 154,176 shares of RMD stock on 11/09/2010 at the average price of 33.1. Peter C Farrell owns at least 1,051,268 shares after this.
CEO Kieran Gallahue sold 20,000 shares of RMD stock on 09/07/2010 at the average price of 32.38. Kieran Gallahue owns at least 63,590 shares after this.
CEO Kieran Gallahue sold 20,000 shares of RMD stock on 08/27/2010 at the average price of 60.71. Kieran Gallahue owns at least 31,795 shares after this
CEO Kieran Gallahue sold 20,000 shares of RMD stock on 08/05/2010 at the average price of 33.8. Kieran Gallahue owns at least 3,224 shares after this.
CEO Kieran Gallahue sold 10,000 shares of RMD stock on 07/09/2010 at the average price of 32.5. Kieran Gallahue owns at least 3,224 shares after this.

Tuesday, November 23, 2010 8:43 AM EDT
ResMed Inc. (NYSE: RMD) closed Monday's trading session at $32.30. In the past year, the stock has hit a 52-week low of $23.50 and 52-week high of $35.33. ResMed stock has been showing support around $31.66 and resistance in the $32.96 range. Technical indicators for the stock are Neutral and S&P gives RMD a positive 4 STARS (out of 5) buy rating.


What's the stock exchange symbol for Respironics?? I looked for Respironics, Philips Respironics and for Royal Philips Respironics and couldn't find anything.

[chunkyfrog]

MEDICARE.
As a baby-boomer approaching medicare, I can imagine somebody is seeing handwriting on walls--everywhere!

[Scoutt]

Probably trying to get some money before the H Bill starts to really affect things.

[rested gal]

What's the stock exchange symbol for Respironics?? I looked for Respironics, Philips Respironics and for Royal Philips Respironics and couldn't find anything.

When Philips bought Respironics, I suppose that meant Respironics became just a division, or whatever, of Philips. Respironics was not a "company" in and of itself anymore. Philips, as best I can tell, is listed as PHG on the NYSE. Koninklijke Philips Electronics

[idamtnboy]

Wha's up w/Resmed?? The mucky mucks in the company have been selling of quite a few shares.

It may be that stock options for the execs finally matured, or became eligible for conversion, or whatever is they call it. Often time execs receive shares, or options to buy shares, as bonuses or as part of their salary and are restricted from selling them for some period of time.

With the recent focus on insider trading I doubt they are selling off because they know the company is having financial problems that aren't public yet. Quick way to earn no charge austere accommodations w/ less than gourmet meals thrown in for free!

[brigid1x]

ResMed is the only machine i have used. I am still in its warranty period and I am on my 3rd one. I was camping in a vanagon some of the time, and bought their adapter for car battery use. We decided it is a very delicate machine best used in a hospital setting.

Also, in the instructions it says that if you have a power failure and are asleep, it could be fatal. No alarm to wake you up.

I like the ideas they are working on, but they are (or rather, my three) are too easily broken. And it seems that no matter what is wrong, the error code is for water damage, not covered under the warranty. So convenient. They told me not to call again, even tho I have a year left on the warranty.


This probably has nothing to do with the stock going down, but on the other hand, perhaps I am not alone in having these problems with them.

Maybe there is a decision to disqualify them for insurance reimbursement. After all, they don't care to put in a battery operated alarm to wake you if the power goes off. They feel it is enough to warn you it could be fatal.

If this is relevant to their stock, it could still be a good stock if other countries continue to use them.

WHAT OTHER FANCY ELECTRONICS do we have that are made in Australia?

I am just mouthing off as i was very offended by the death warning, when there are easy solutions to wake you up.

[Willtry]

Resmed is an Australian based company with sales of over 800M per year it hold patterns on most CPAP features
dont think they will go belly up in the near future

[Stetson]

My company is an Austrailian based company. When Socks hit they pulled out of the NYSE. Its possible Resmed is thinking the same. If medicare is asking too much of manufacturers they can pull out and list on the Austrailian Exchange and do what they want.

[billbolton]

WHAT OTHER FANCY ELECTRONICS do we have that are made in Australia?

Cochlear implants, for just one example of numerous FANCY ELECTRONIC devices.........

[Slinky2]

Brigidtx, are you a troll?

I can't vouch for the S9s. Maybe you've had the S9s? I can tell you from personal experience that the Resmed S8s are some of the sturdiest, best made xPAPs on the market and they provide excellent therapy.

The upper echelons of most companies trading on the stock exchanges receive some pretty healthy stock options and company stock as part of their compensation packages. It well could be that they were just selling off some of those stocks due to the drop in the entire world economy.

Actually it sounds more like what you had were RESPIRONICS M Series xPAPs. The M Series DID have problems w/their integrated humidifiers leaking into the PAPs. W/their new PR SystemOne xPAPs they've corrected that problem w/a virtually leak proof, spill proof integrated humidifier. I have one.

[billbolton]

Maybe you've had the S9s?

Since a battery adapter was reported to be in use, the prima facie evidence is that it wasn't an S9.

Cheers,

Bill

[jnk]

ResMed is the only machine i have used. I am still in its warranty period and I am on my 3rd one.

Sounds like you're determined to go for a record!

We decided it is a very delicate machine best used in a hospital setting.

Sometimes you have to try really hard to do it, but any machine can be broken if you really put your mind to it.

In the instructions it says that if you have a power failure and are asleep, it could be fatal. No alarm to wake you up.

Someone would just have a heart attack from being startled awake by the alarm and then sue. (WARNING: You could be fatally struck by an asteroid while reading this post!)

And it seems that no matter what is wrong, the error code is for water damage, not covered under the warranty. So convenient. They told me not to call again, even tho I have a year left on the warranty.

I wonder if there is any chance that water damage may be occurring.

As for ResMed stock, any company staying afloat anywhere on the planet these days is doing well, in my opinion.

(DISCLAIMER: Foolishness above is for entertainment purposes only. I have issues with ResMed myself, even though I love their machines.)