Word: glutting
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...have too much of a good thing. The Confederation of French Wine Cooperatives recently asked the European Union for permission to convert 66 million gallons of wine--333 million bottles--into industrial-grade alcohol, including ethanol for French cars. Why? A large grape harvest in 2004 has fed a glut in the French wine market, which is already reeling from tumbling demand. Domestic wine consumption--which makes up 70% of the industry's sales--has dropped sharply in recent years, owing to changing health attitudes, a crackdown on drunk driving and restrictions on advertising. In the meantime, wines from Australia...
...glut of blown chances brought gasps from the crowd in the waning minutes of Friday night’s contest between the No. 10 Harvard men’s hockey team and Dartmouth, but it was Crimson sophomore Dylan Reese’s goal, with just 58 seconds remaining, that brought the 2,776 fans to their feet...
...class knows that they will unavoidably earn a B, there is no incentive to speak. Why complete the readings? A student knows all she has to do is perform better than the kid who sleeps through lecture, and that’s not too hard. In the end, the glut of middling grades given by a bell curve does not reward the extra effort students put in, leading to a feeling of apathy and defeatism among undergrads...
...switch from being a status symbol of the rich and hip to an everyday feature in many living rooms?will be reached in the near future. That's because the Asian consumer-electronics companies that dominate the flat-panel industry are building too many factories too fast. A glut is in the offing, and while prices have already been falling, more rapid declines are expected. Consulting firm iSuppli Corp. estimates that a 37-in. (94-cm) LCD TV that now retails for more than $4,000 will cost half as much in 2006 and is likely to be less than...
...matter of time before that old TV is as obsolete as a VCR or cassette player. "In 10 years' time, it'll be embarrassing to have a regular, old-fashioned TV set," says Martin Reynolds, an analyst at technology-consulting company Gartner in Stamford, Connecticut. If the Asian glut continues, chances are most television fans will be able to have a flat-panel TV hanging in the living room long before that...