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Necessities

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Luxury watches should not be mistaken for mere status symbols, according to today's New York Sun. "While the average Casio — or mobile telephone, for that matter — can tell time as accurately as its high-end counterpart, wristwatches such as the Blancpain model remain the only discernible fashion statement for men. Fashion statements, of course, are not to be confused with status symbols, including fast cars, wine cellars, and trophy wives." Of course. [NY Sun]