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Audio technology marches on, but reader Dave Brown wonders: Does it always increase your enjoyment of music without decreasing your bank account?

On June 23, <A HREF="http://www.burr-brown.com/">Burr-Brown Corp.</A> announced the PCM1728 digital-to-analog converter (DAC), designed for consumer and professional audio applications.

Following a recent announcement of "diminished expectations" for the near future (see <A HREF="http://www.stereophile.com/news/10194/">previous story</A>) and a shakeup of upper management---in which Consumer Group marketing honcho Tom Jacoby was put out to pasture and audio guru Floyd Toole was promoted to senior vice president of acoustic and transducer engineering---<A HREF="http://www.harman.com">Harman International Industries</A> has put the finishing touches on a new 10,000-square-foot audio laboratory. At company headquarters in Northridge, CA, north of Los Angeles, the laboratory includes a 10,000-cubic-foot anechoic chamber for testing and measuring loudspeakers, and a multichannel room with computer-controlled, hydraulically operated platforms for positioning front left, center, and right speakers (a reviewer's dream!).

In a move that is likely to push record labels into the uncharted territory of direct sales, <A HREF="http://www.bmg.com">BMG</A&gt; has announced its intention to add in-house sales to its network of music sites. "BMG will be moving in the fall to its own fulfillment capability because of the demands of consumers," said senior vice president Scott Dinsdale at the Business Online 98 conference in San Francisco last week.

Last week, <A HREF="http://www.xingtech.com">Xing Technology Corporation</A> announced its sponsorship of the <A HREF="http://www.mp3.com/conference/">First Annual MP3 Summit</A>. In a statement, the company urged music-industry executives to discuss copyright issues, technical standards, and music distribution, and to participate in developing the future of MP3.

Many audiophiles spend thousands on state-of-the-art audio equipment, but does it really put you in the room with the performers?

Fiscal year 1998 will be one of diminished expectations for <A HREF="http://www.harman.com">Harman International Industries</A>, Chairman Dr. Sidney Harman announced last week to assembled analysts and fund managers at a meeting in New York. He laid much of the blame on the continuing economic slump in Asia.