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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: dennis michael patterson who wrote (11062)	7/7/2001 8:31:51 PM
From: Challo Jeregy	Read Replies (3) of 52237

Hi Dennis. Thought about you when I saw these - Guess it is all in the eyes of the beholder <g> Enjoy your wine, buddy!<ggg> California Wines Weathering Downturn Jul 7 4:06pm ET By Nichola Groom NEW YORK (Reuters) - One of California's top winemakers may have warned this week of lower-than-expected profits, but times are far from bleak in California's wine-growing valleys. siliconinvestor.com Economy Starting to Squeeze Makers of Premium Wines Beverages: Vintners see weaker sales of high-end labels. Slack demand could lead to lower prices. By MELINDA FULMER, Times Staff Writer Premium wine may be an affordable luxury, but it's not quite as recession-proof as California vintners thought. The weakening economy is beginning to cut into sales of pricey wines at restaurants and hotels, analysts say, and is driving consumers to uncork less-expensive bottles of Chardonnay and Cabernet at home. latimes.com

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