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June 2000
Wine Market News Stock Reports
We anticipated last month that after the problems the Nasdaq and Dow encountered in early April, our wine stocks might look pretty good. They did and they didn't. Our Wine Market Index still went down 1.34%. (But you're in for the long-term, right?) The good news is that it suffered a little less than the Dow (-1.72%) and considerably less than Nasdaq (-15.57%). Further good news is that a few companies started heading back uphill; among them Chalone, Diageo and Ravenswood. You can see from our ...
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