But the cigar boom increased his appetite, and he began to build up his stake, as the stock began to climb toward $20 a share from around $12.
The end of 1992 also saw the establishment of a new publication, credited by some with spurring the cigar boom of the 1990s.
Llaneza sold Villazon in 1996, during the height of the cigar boom, to the General Cigar Co. for millions of dollars.
Bucanero Cigars was a boutique founded during the mid-90's cigar boom and, unlike others from that period, Bucanero is still around, currently producing 18 blends.
The new magazine's successful blending of lifestyle reports and celebrity glitz has been credited with contributing to the 1990s cigar boom.
Connecticut shade is a hot player in the new cigar boom that is sweeping America.
While growers luxuriate in the current cigar boom, they well remember the ups and downs over the decades.
Humility is not often associated with Mr. Shanken, 55, who is happy to take two fistfuls of credit for the cigar boom of the 90's.
December 1995 In what future historians may mark as the beginning of the end of the cigar boom, Price Costco begins selling cigars at selected outlets.
Rubin launched his brand, named after his children, at the tail end of the cigar boom of the 1990s and entered a clogged market.