11/30/2001 1:00AM

Weanling bargains, now


When it was mentioned to Tom Gallo that his consignment spans nearly three pages in the catalog for Fasig-Tipton's Midlantic December Mixed sale, which begins Sunday, he laughed and said, "I like that."

Gallo, who has consigned 79 horses, many of them New York-breds, to the two-day sale in Timonium, Md., which has 691 horses cataloged, said, "This is one of our bigger consignments. I usually have 50, 60, and 70 horses."

Gallo, who along with his daughter, Nadine, owns and manages a bloodstock agency and Blue Stone Farm in Cambridge, N.Y., is a regular at the December Maryland sale.

Gallo said it's usually a good venue for selling weanlings because the horses usually don't get lost in the shuffle, like they can in the recent 11-day breeding stock sale at Keeneland.

"It's a great weanling sale because the weanlings sell on their own day [Monday]," Gallo said. "I have a lot of weanlings that normally would get lost at the November sale in Keeneland, but will standout out a little better here. At Keeneland you're up against the best sires and multimillion dollar horses."

Gallo said he also believes the slowing economy will allow for some bargains at the Midlantic sale, particularly for buyers scouting weanlings to resell next year as yearlings.

"There's no reason not to buy - actually, it's a good time to buy," Gallo said. "If you do your homework, there will be good value for your money. Buying in a descending market to sell in a market that I expect to go up next year is the best time to buy."

Gallo said New York-breds, in particular, should be attractive to buyers, in light of the recent legislation introduced to bring Video Lottery Terminals into the state, a move that is expected to funnel significant money into purses

"A buyer looking to resell as a yearling definitely should be looking at New York-breds because they are a good investment," Gallo said. "Their value will increase with the new legislation."

Gallo has 41 weanlings consigned to the sale. Among Gallo's New York-bred weanlings are a filly by sprint champion Artax (Hip No. 554); a Signal Tap filly, out of Encoder, a producer of five winners (Hip No. 420); and a filly by Abaginone, among the leading freshman sires in New York this year (Hip No. 566).

Gallo is also represented by a large group of broodmares, including Please Come Home (Hip No. 221), a Danzig Connection mare who is not in foal and is a half to Home at Last, a Grade 1 winner of nearly $1 million.

Other New York consignors with large consignments at the Maryland sale include Harry Landry, Jeff Minton, and Joe and Anne McMahon's McMahon of Saratoga Thoroughbreds.

Among Landry's several weanlings is a Go for Gin colt (Hip No. 433), foaled in New York, who has plenty of black-type in his pedigree. The colt, who has been named Looped, is out of Going Public, the dam of Maria's Jingle, a champion filly in Panama. Looped's second dam, Miss Buffum, has produced several stakes winners. Minton is the selling agent for Akindale Farm on an A.P Jet colt (Hip No. 419) whose dam is the stakes-producing Emiress. The McMahon weanling contingent includes Hip No. 379, a colt by Malibu Moon, a son of A. P. Indy, whose first crop will be yearlings next year. On the colt's female side is Saratoga Dew, the champion 3-year-old filly of 1992 and the only New York-bred to have won an Eclipse Award.

- New York sire Gone for Real was recently represented by his first starter and winner, Grayson, who captured a 2-year-old maiden race at Charles Town on Nov. 18. Gone for Real stands at Dutchess Views Farm near Pine Plains, N.Y., where his 2001 fee was $2,500.