Posners take on high end wine ... Westchester Magazine

Nice article about the wine business. Just when you though Daniels 15 minutes of fame were up. [notworthy.gif] [grin.gif]

Booze Buzz: Luxury-End WIne Steals" onclick="window.open(this.href);return false;

dh

“…the 2006 and ’07 red Bordeaux vintages—both well reviewed…”


[oops.gif]

Dan’s an expert - don’t doubt him.

I think Jeff likes them both. [rofl.gif]

What 15 minutes??? It only took Squires 5 minutes to ban him. hitsfan

…my tongue? Nah, that ain’t it.

Chardonnay has gone out of style?

I wouldn’t say all higher than $20 purchases are “emotional”. Maybe over $60. but $20 is a pretty low threshold to say reason is taking a back seat.

Dan, did you notice that your link on the Parker Board was zapped?

I just checked and it was. I thought that maybe I left it out??? Then, I saw another copycat thread on the same topic that had the link. neener
Let’s see what happens. I did put the link in.

Not meaning to start trouble, because it’s an interesting article written by a retailer.

I just posted, lets see how long it takes the Gestapo to take charge

Best intentions and all…

Any reference to those of us on the shitlist will only bring about bad things I am sorry to say.

Dan’s not online yet - he must be running up and down the street with printed copies of the article showing all the neighboring businesses, and offering to sign copies of the article.

This article was written and rewritten numerous times since July, when I was first interviewed. Obviously, proofing mistakes were made.

I have spoken out on 2007 in the past. Did not purchase a case of it for the store, except for our Lafleur allocation.

Oh well.

Tish came in and did a thorough job with the piece back then and the magazine pushed it back.

Let’s not beat around the bushes here…Posner is full of shit and has a BIG mouth.
[dance-clap.gif]

Nice article.

Now, if luxury wine prices would only drop another 50% (from the reduced prices mentioned), I’d be a buyer all day. [whistle.gif]

Cheers!

+1

From an email from Uncle Bob just now (my ERP subscription hasn’t expired yet):

"Crystal Balling

Look for 2007 Bordeaux, 2007 and 2008 Burgundy, 2008 Rhône wines, and inventories of Australian and Spanish wines to be dumped at distressed prices over the next six months. Behind the scenes, lots of chaos. Importers are scaling back their purchases, trying to liquidate unpopular vintages, and refusing to purchase much of the mediocre 2008s from Burgundy and the northern Rhône. They are also preparing for 2009, which sounds like a great vintage throughout France. The 2009s will be expensive, if only because the American dollar continues to weaken.

Expect lots of deals as the worst of the wine world’s correction has yet to come. About the only healthy sectors in the world of wine are (1) 2007 Southern Rhônes, (2) top value wines priced under $25, and (3) auction markets for great vintages of high end Bordeaux and Burgundy. "

Funny, Bob must be reading my posts.

Does Ed Bernasky post here?
http://dat.erobertparker.com/bboard/showpost.php?p=2805859&postcount=4" onclick="window.open(this.href);return false;

If not, let him know this…

2007 BDX was a misquote
White Burgundy is sinking. Just look at the auction market and look at the availability of 2007s in the market place. 2007 Leflaives were just discounted in NY.
The quote on over $20 wines being emotional purchases was from the author, not me.
2009 has proven to have many great deals in it. In my newsletter, at the end of the year, I will be showing the TOP TEN LIST OF BEST OFFERS BY GRAPES TWC. When you look back at your purchases at Grapes, you will see that this was the year of the bargain. Shit, we sold 2007 Mon Aieul for $85/btl and 2007 Janasse VV for $99/btl!

Thats was clear in the article.

Yes, Ed posts here fairly often, even recently.

It’s tough to be credited with data in an article and have people believe that it was the author’s interpretation or opinion, not yours. I’ve experienced that as well.