Geerlings & Wade Inc. (GEER/GEER.PK) Wrap Up:

Geerlings & Wade, Inc. operates as a direct mail and Internet retailer of premium, imported, and domestic wines and wine-related merchandise to retail consumers in the United States. Customers place orders in person or by mail, telephone, facsimile, e-mail, or through the Internet. Imported wines are sourced primarily from France, Italy, Australia, and Spain. The company also sources a few wines each year from Argentina, New Zealand, South Africa, Germany, and Chile. The company’s domestic wines are sourced primarily from California, most of which are sold under private labels, including its own brands. As of December 31, 2002, the company operated 15 licensed facilities located in 15 states...