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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: FiveFour who wrote (25164)	11/8/2004 8:36:38 PM
From: Elroy Jetson	Respond to of 306849

Especially in today's marketplace, where there is a huge over-supply of both wine and grapes, I have found little predictable correlation between price and quality when buying wines. Buying wine today you're not familiar with, without a recommendation, is like buying a lottery ticket. The modern blending and production techniques pioneered by Gallo, yes Gallo, have been adopted world-wide by all wine makers making vintages less variable. In Australia even century-old brands like Penfolds and Lindemans have seen their traditional pricing structure collapsed since being combined into the Southcorp holding company. Some recent vintages of Penfolds Grange still reach auction prices of $500 per bottle in the after-market but initial prices are closer to $30. Southcorp Holdings include the following Australian brands: Coldstream Hills Devil's Lair Edwards & Chaffey Leo Buring Lindemands Penfolds Rosemount Estate Seppelt Tollana Wynns Coonawarra Estate.