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Biotech / Medical : VCA Antech Inc.
WOOF 3.180+0.3%Nov 3 3:59 PM EST

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To: BUE, R.C. who wrote (1)8/8/1997 9:25:00 AM
From: FIFO_kid2   of 70
 
I was first interested in the co when Red Chip review mentioned them in the Mar/Apr issue of Bloomberg Magazine described as the leading player in the 7.5 billion vet industry. The co has three divisions Pet food with ptr HJ Heinz; specimen test laboratories; franchiser of Vet ctrs. The very brief article told that they were having trouble consolidating the businesses and they were to do so soon. Described as the McDonalds of the pet health care market looks for earnings rebound in 1997. Had an agreement with pet food with a Japanese distributor nad is currently growing the other businesses. The stock was around $34 in 1996 as an all time high. I waited for two qtrs of strong profits and the stock still on a relative basis didn't recover much - got in at 14 1/4. I see Yahoo has two firms following it and it is rated 1.5. I assume the 1 rating was given by Red Chip. If you want more details I you could get the actual research report in detail from Red Chip.
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