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To: Gottfried who wrote (8009)	2/25/2004 3:43:19 PM
From: aniela	Respond to of 13403

SNCI sell 1000 at 9.45; gain 50$

To: Gottfried who wrote (8009)	2/25/2004 4:10:30 PM
From: Sam Citron	Read Replies (1) \| Respond to of 13403

OT WOOFYou can postpone dental repairs and pet checkups. Good point. Yes I suppose so, especially in SV, where rents are still very high in spite of the high unemployment rate. There are very few categories of expenditures that cannot be deferred or cut in an emergency. Of course, certain deferred expenses can be more costly later, especially repairs or medical issues. The 9 rating tells me where this company has come from, not where it is going. As I sniff deeper into VCA Antech, I notice that the top dog CEO and his COO are Robert L. and Arthur J. Antin. The bios on the company web site don't tell me whether they are brothers, father-son, or unrelated. Antin becomes Antech because tech sounding names are so cool. [VCA=Vetinary Centers of America] Hmmm. It is an intriguing prospect to have a war chest of public money to go and buy out the most successful vet practices in the country and make them even more profitable by introducing economies of scale, such as back office operations, purchasing, supplies, etc. According to finance.yahoo.com, the company has no real publicly traded competitors, so they should be able to outbid anybody they want to speed the consolidation of this industry. (Not exactly dog eat dog out there, yet anyway.) I'll see if I can recruit my cats, Ted and Stinky, to help me in my DD. Maybe we can sniff out a local branch where we can do a little digging. Take a look at this from the "Selling Your Hospital" Tab on their homepage: vcaantech.com Subtabs: acquisition, partnership, merger. This kind of flexibility is nice if you are a sole propriator and you need an assured exit strategy for estate planning purposes or whatever. Sam