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Old 02-26-2009, 09:04 PM   #103
RichardW
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Default Re: The Under $20 A Bottle Wine Thread:

Quote:
Originally Posted by JohnnyFlake View Post
Please allow me to re-state that this is the under $20 a bottle wine thread, It's meant to make suggestions for good, very good and occasionally an excellent wine that can be had for $20 a bottle or less.
[snip]
Richard Cacciato, chief executive of New York importer Frederick Wildman & Sons, says $40 is the new resistance point, and demand is focused on $10 to $20 wines. Australia is down, while Spain and Argentina are up.
[http://www.bloomberg.com/apps/news?p...aaCF8_4ghYm8#]

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