Wine bargains!

California's ongoing trade glut is fueling a growth in cheaper and better negotiant wines. Major wineries don't want to damage their brands by ramping up production beyond what the market will bear, and it is difficult to finance the storage of large quantities of juice. Marquee names rumored to be in the business include Caymus and Joseph Phelps. Look to Costco for more upscale offerings, including Stag's Leap district wines, and to Trader Joe's for more downmarket offerings. Full story