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February 2001
Wine Market News Index
Wine Market News index went up for the second month in a row, rising 5.25%, higher than the Dow's 3.6% increase, not to mention Nasdaq's 4.9% drop. That puts our Index up 2.35% for the past year, with the Dow down over 6% and Nasdaq down almost 40%. Wine stocks are starting to look better, aren't they?The interminable question of who would buy Seagram's drinks business was finally answered in December. To no one's surprise, the winner was the tag team of Diageo/Pernod-Ricard who will pay more th...
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