SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (21041)9/30/2000 12:54:39 AM
From: Scrapps  Respond to of 22053
 
It's funny to think about buying wine at Wal-Mart, however, it really is perfectly logical. When you have a shortage of a certain grape, there is the potential of the price skyrocketing. But, if we think of a bountiful harvest we fail to watch how they market the excess, lowering the price serve only to ruin that segment of the market. Right now I'd say there is a wine lake. So to sell the excess, why not label it "Wally's Wine" and sell it to people who would never pay big bucks for it? A 750 milliliters bottle with a big name label may sell for $25-$30...but, at a Wal-Mart or Safeway under another label it is less than $7 a gallon.

A buddy here works at a very large well known wine producer, he'll let me know when they ship the good stuff to a low price packager/distributor allowing me to buy on the cheap...but IMO sometimes the good stuff tastes like pucky.

Btw. I recently saw a tv story about wine grapes doing very well in the mid-west.