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November 27, 2006

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I personally wish that a few of the more established wineries would buy up some of these properties - I think the consolidation would be very healthy in such a small region. The fact that they are not would concern me more than the sales themselves. EXCEPT - the reality is that most of the owners simply cannot afford the outlay to do this right now. The region is too young to have extra $$ laying around.

Also, with regard to Leucadia, looks like the corporation has some revenue issues right now (Q3 was down sharply) so they may simply be in a position where they need to appease shareholders first and find more profits fast. NO ONE would think that the property they own here would turn a profit overnight.

Lieb is the only one that "worries me" - only in the sense that there is some secrecy around the overall goals. I do hope, Lenn, that you are correct and they might reinvest some of the money made if/when they sell.

Lenn, with your wine interest, why don't you buy one of these properties? I bet if you printed out every page of your blog and all your articles, you could impress upon the bank that the six-inch stack of papers signifies a sincere interest.

More likely, you could impress some private investors. Heck, I'd float you a $4-7 million loan if I had, well, $4-7 million to loan you. Any time you need to borrow $20, you just let me know.

I am rather shocked to see the number of properties for sale, and some of these properties have been on the market for awhile. Perhaps they are overpriced??

Lenn, be careful what you wish for. I am not sure the finances make it a worthwhile profitable venture. In many cases I see wineries like football teams, someone with a lot of money is just looking to stroke his ego, and profits are secondary.

I believe that I may be able to offer you an opportunity to own 45 acres of vineyards in the Hudson Valley Region of New York at a very attractive priceof $1,600.000 with income generating single family residences adjoing the property. Please have someone responsible for procuring land give me at call at 845-255-0019. Should you desire to tour this opportunity please click onto the following link
http://www.uBuildTours.com/natour.php?mls=428114 This property is Listed with John J Lease Realtors, Highland, NY

I believe that I may be able to offer you an opportunity to own 45 acres of vineyards in the Hudson Valley Region of New York at a very attractive priceof $1,600.000 with income generating single family residences adjoing the property. Please have someone responsible for procuring land give me at call at 845-255-0019. Should you desire to tour this opportunity please click onto the following link
http://www.uBuildTours.com/natour.php?mls=428114 This property is Listed with John J Lease Realtors, Highland, NY

I am selling a Winery in Argentina, Mendoza (capacity: 3.700.000 liters plus 890.000 liters; concrete tanks, epoxy painting, all machinerie needed to produce and pack wines), with 50 acres of land, and residential house, that seems to be a great oportunity. Property prices in Argentina are still under international prices. e-mail: patricia-cabrera@speedy.com.ar

I am selling a Winery in Argentina, Mendoza (capacity: 3.700.000 liters plus 890.000 liters; concrete tanks, epoxy painting, all machinerie needed to produce and pack wines), with 50 acres of land, and residential house, that seems to be a great oportunity. Property prices in Argentina are still under international prices. e-mail: patricia-cabrera@speedy.com.ar

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