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Biotech / Medical : VCA Antech Inc.
WOOF 3.115-2.0%11:08 AM EST

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To: Dale Knipschield who wrote (40)2/19/1998 8:08:00 PM
From: MANNLAKE  Read Replies (1) of 70
 
Conference call was very upbeat. Numbers on quarter quite good. New magazine coming out. Margin improvement in hospitals, basically flat in labs. Same store improved over 2%+ in Q. EBITA up nicely. Problems with information systems sound like they have been addressed. Focus was on revenue growth and internal systems, look for pick up in hospital acquisitons. Pet insurance was talked about ie, the investment they made and how that bus model looks and what growth expectations may be. Discussed select balance and select choice and what Heinz is doing with the repackaging under the Natures label, sounds like it is proceeding slowly. Overall, very nice Q.
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