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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (14227)	4/2/2002 6:00:59 PM
From: Paul Senior	Read Replies (1) of 78741

fwiw, I've started a small position in VINT today. Maybe bulk grape business is like steel business, where domestic industry gets overwhelmed with cheaper (and better?) foreign product, and domestic producers die slowly. Looks like VINT is on a death spiral. Still there've been buyouts in brand name wineries, and if VINT can't come back, maybe there's value in the land they own. (Tear out those nice vineyards in Napa, CA. and plant yuppie vacation houses!) gsvwine.com VINT will make a classy addition to my cigar butt collection. :>) Paul Senior

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