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Using The Primer Report

The table below illustrates the appearance of results. Please note that the values shown are merely a hypothetical example and not actual results pertaining to the 2008 auction. This table format is not yet finalized and is subject to change.

Hip Number Overall Score Sire Score Dam Score Other Variables
1050 9,950 6,050 2,700 1,200
1420 9,840 4,060 5,360 420
980 9,760 7,000 2,230 530
2500 9,400 5,050 3,270 1,080

Now let’s go through the table:

The hip number is the sequence of the horse as it appears in the auction.

The overall score is the sum of the Sire Score, Dam Score, and Other Variables Score. The column is ranked from highest to lowest, with the highest score being the best.

The Sire Score is the sum of points accorded to the yearling based upon its sire. There are a few variables that go into the Sire Score, which Equinistics maintains as proprietary knowledge. The better the sire, in general, the higher the sales price of the offspring.

The Dam Score is the sum of points attributed to the yearling based upon its dam. Once again, there are a few variables that go into this score. These variables pertain not only to the dam herself but also may include factors related to her offspring or the second dam.

The Other Score relates to variables that have in the past contributed to the final sales price of a yearling but cannot be tied to either the sire or dam.

Application of Results:

There are many ways that the chart above may be used during the auction (and your feedback is more than welcome!). Here are a couple of examples:

Scenario #1: Hip #s 980, 1050, and 1420 all sell in the $100,000 range. Meanwhile, the current bid for Hip #2500 is only $30,000, and the action is light. You see that the overall score for Hip #2500 in the table above is comparable to the scores for Hip #s 980, 1050, and 1420. You, as a buyer, ask your trainer what he or she thought about Hip #2500. “Seems sound to me”, he or she responds. You then bid $31,000, the winning bid.

Scenario #2: Hip #980 and 1050 both go in the $75,000 - $85,000 range. However your trainer really likes the dam for Hip #1420. You therefore bump up your price range for Hip #1420. The bid hits $85,000, but you go higher based upon the overall scores for Hip #s 980, 1050, and 1420 and your trainer’s advice.

Scenario #3: Hip #980 and 1050 both go in the $75,000 - $85,000 range. Bidding for Hip#1420 hits $1,000,000, even though its score is in the same range as Hip #980 and #1050. You fret. Are you missing something that somebody else must be seeing? You ask your trainer what he or she thought about the conformation on Hip #1420. "Looks all right, maybe slightly above average. Attitude appears good, but nothing special. Pedigree seems okay too." You settle back into your seat, relieved. Let the other buyers get emotional and overspend.

It is the intention of Equinistics LLC that "The Primer Report™" be used as a first step in rating the yearlings at the auction based upon how the prior market valued other yearlings. You should then adjust the list at the auction based upon what you see in the way of conformation and attitude and based on other factors you deem important. If a yearling has outstanding conformation, then you should probably rate such yearling higher than "The Primer Report™" suggests. If a yearling has poor conformation, then you should probably lower the rating of such yearling.

"The envelope arrived in the mail, as golden as the promise that it contained. Somewhere in the catalog was the next major stakes winner – I had only to find the right yearling. The catalog contained an incredible amount of information - the yearling’s stud, dam, dam’s other offspring, dam’s winnings, consignor’s name, and on and on. The information provided by the catalog proved overwhelming, and my trainer added to the sensory overload by pointing out the attributes of certain horses that seemed rather nondescript to me. In the end, the confusion meant that going into the sale, I had no idea of how to proceed in ranking the yearlings. Help was clearly needed"...

- Experience at an auction

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