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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jan Crawley who wrote (24611)11/23/2001 9:52:07 AM
From: dennis michael patterson  Respond to of 52237
 
OT -- Wine

I received a number of PMs about wine. Folks asked me to recommend both specific wines and places to buy wine. For the last 12 years, I have bought many wines from The Wine Club in San Francisco. Here is the link:
thewineclub.com

In addition to TWC in SF, I have purchased a great deal from TWC in Santa Ana. I have also found TWC to have the lowest prices for equipment (e.g., the cooling unit for my cellar) as well as stemware (especially Riedel). If you live outside California, TWC will ship you a case for about 40 dollars. They charge no tax. Thus, if you bought a case of wine, the shipping charge might be no more than the tax you would otherwise pay.

On pricing. For me, there are 2 levels for pricing. The first is pricing on "everday" stuff. I mean wine between 7 and 20 dollars a bottle. For this level, TWC is not useful. Here, my strategy is to either (1) go to BJs, where value abounds, or (2) go to my local speciality wine store and buy only wines on sale. Just about every city has a wine shop that offers monthly discounts. If you don't have such a place, then go to a discounter like BJs. If you do have such a place, get to know a salesperson. People who are "into" wine like nothing better than to talk about it. Wine people want you to have a good experience. Their enthusiasm can be infectious.

OK, now the second level. For some people, wine is a passion. For these people, collecting wine and enjoying it with friends and family is one of life's special treasures. There is a lot of bs in premium wine. Some people read everything, some read only one or two publications. If you want to get serious about wine, subscribe to The Wine Advocate, published by Robert Parker, Jr. In addition, there are many, many websites that are free (e.g., Jancis Robinson) where you can learn a great deal. Once you decide that you want to spend some serious money on wine, and (most importantly!) you have a place to store it properly, then price and customer service are everything. This is where TWC cannot be beat.

One example. My wife and I love to drink Amarone. Amarone is grown in Northern Italy, near Venice. We discovered Allegrini Amarone in Venice when we let a sommelier in a restaurant recommended by an acqaintance suggest an Amarone. He recommended Allegrini. We tried it, and have been hooked ever since.

I just took delivery of a case of Allegrini from TWC in SF. Cost was 50 a bottle plus 40 to ship it. My local wine shop-- a guy with whom I do biz every week -- is selling this wine for 70 a bottle. Even if he knocks 10 percent off for a case, I am still saving a lot of money. Multiply this transaction by 20 or 25, and you see how TWC saves you money over time.

OK, I hope everyone enjoyed their wine yesterday. Please read today's wine column in the WSJ. Beaujolais is fun! Try some. And think about a dessert wine for your next fine meal. Muscat (mentioned on this thread!) is great. I highly recommend 1990 CH. Guiraud. It' selling for 55 dollars a large bottle and 29 a half bottle. A great value.

A votre sante!

dmp