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Category: Al's Blog

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A Conversation about VSP’s Acquisition of Marchon

So, I'm having a conversation with myself last night about this 800# Gorilla thing.  I share some of our discussion below.  No, I'm not schizophrenic...but I do have these voices in my head from time to time. Perhaps you'll join in on the conversation and post comments back.  Let's get a dialogue going. This is a BIG issue with no…

You heard it here first….The 800# Gorilla gets bigger

On May 19th, we reported a pending acquisition by VSP.  On July 1st we reported this pending acquisition as a rumor...well, here's the news from Vision Monday: __________________ VSP Buys Marchon for $735 Million, Creating $3.3-Billion Eyecare Company August 18, 2008 7:13 AM RANCHO CORDOVA, Calif.--On Friday, Vision Service Plan (VSP) took over ownership of…

A Change in Perspective

I took a vacation this past week with my girlfriend, which also included my 52nd birthday celebration.  We set out to go skydiving, but the weather didn't cooperate.  So we ended up doing some other fun things. -I rode a Merry-Go-Round -I went to the county fair and gorged myself on fried dough and french…

Is it a Mosquito or Malaria?

Last evening, I had occasion to visit the wonderful village of Gilbertsville, NY (www. Gilbertsville.com), my hometown.  I had a date with the most beautiful woman in the world.  We were going to listen to a musician friend of mine, Al Gallodoro (www.algallodoro.com).  Now Al's not your typical musician.  He was called by Jimmy Dorsey…

800# Gorilla retains 800# Attorney

According to the San Francisco Business Times (thanks, Tom, for passing this on to me), VSP has retained former U.S. Solicitor General Ken Starr to handle their appeal to the U.S. Supreme Court over their tax exempt status.  You'll remember this guy as the former judge who was appointed to the Office of Independent Counsel…

Feet vs. Eyes

Here's a couple of numbers to contemplate: U.S. per capita consumption of footwear - $145.46.  Every man, woman and child in the U.S., on average, invests this much money, each year, for shoes.  That's a market of $44.3 billion.  And that doesn't even include the medical side of feet, like podiatry, etc. The U.S. Eyecare…

The 800# Gorilla To Strike Again – Marchon Acquisition?

Here's a rumor that's worth consideration. VSP certainly appears to be about to make a purchase of some significance.  They've filed for a $700million acquisition and the filing indicates that the acquisition is pending approval by certain state authorities.  The current rumor (triangulated from several independent directions, but not confirmed) is that VSP is buying…

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