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Stig,
Eat your heart out. I am sipping on the last few drops of my Thunderbird
Red stamped,
"sell by June 20, 2001." It is regularly $2.99 but I got it on sale at a
local discount store for only $2.49. That a savings of 50 cents (a 16.72
percent retracement) and no air fare.
Skol,
Norman
----- Original Message -----
From: "Stig O" <olausson@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, June 17, 2001 6:06 PM
Subject: Re: [RT] Other Weekend Thoughts: Warm Weather Helps Better
Sauvignon Blanc
> And here is a Hot Tip that won't ruin you (unless you get too greedy and
buy too much....)
>
> In the Helsinki (Finland) Tax Free shop you can buy 1995 Beringer Private
Reserve for $31.00!
>
> Rated 92point in Wine Spectator and listed at $75.00.
>
> The 1996 is rated less if my memory serves me right (90) but is listed at
$100.00!
>
> I am actually sipping the last drops of my -95 right now (mmmmmmmmmmmmmmm)
>
> Come to think of it, then there is the air fare for you Americans....
>
> ;-)))
>
> Stig
>
> PS
> On a more serious note however, it's interesting to note the parabolic
rise of premium wine and especially the boutique winery prices. They very
much resemble the Internet stocks.
> It's furthermore interesting to hear my Danish Wine merchant who
specialize in US Wines (and now nothing about stock prices)tell me how his
contacts in the US tell him that consumers and restaurant goers are holding
back. They are not accepting the ridiculous prices charged in the US for
quality wines.
> And that is interesting in the light of an article in Wine Spectator some
time ago where they showed how the price of wine followed the stockprices.
>
> Actually what we are seeing here is the tulipmania revisited. Beringer PR
listed at $30.00 (91p) 1995 (92p) $75.00 and 1996 (90p) at $100.00 Same or
"less" (difference between a Rolls Royce and a Bentley) quality, but prices
increasing nevertheless.
>
> Want a look at the wine exchange (auction market) for "internet wines"
check
> http://www.tcwc.com/262ham.htm :
>
> Harlan Cabernet Sauvignon at $ 540.00 or Screaming Eagle at $ 1600.00 PER
BOTTLE! This IS the Tulip Mania of the 21st century. And wine prices have
been mirrored in stockprices....!
>
> I have previously presented "MY WifeIndicator"
> (will not be explained again)
> This is My Wine Indicator
> Enjoy.
> Cheers!
>
>
>
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>
>
>
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>
>
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