LATEST ADDITIONS

Several manufacturers will be demonstrating state-of-the-art audio products at <A HREF="http://www.hifishow.com">HI-FI '98</A>---some of which have never been seen by the public before.

On Tuesday, May 5, beleaguered <A HREF="http://www.carver.com">Carver</A&gt; announced that it had received a financial transfusion of almost $400,000 and that it would make a move into direct marketing in an attempt to bolster flagging sales. The Woodinville, Washingon-based company announced in a press release that it "had closed a sale of 3,000,000 shares of restricted Common Stock of the Company to one of its preferred shareholders, Renwick Special Situations Fund, L.P., for $375,000, or $0.125 per share."

<I>Man</I>, has Balanced Audio Technology come a long way in a short time. I think partners Steve Bednarski and Victor Khomenko have comprehensively put the kibosh on the notion that newcomers can't succeed in high-end audio.

The numbers are up for <A HREF="http://www.cdnow.com">CDnow</A&gt;. The world's largest online music retailer reported April 30 that its first-quarter sales increased 288% over the same period in 1997. The company took in $10 million in revenue through the period ending March 31, an increase of 26.4% over the previous quarter, in which revenue totaled $7.9 million.

On May 1, <A HREF="http://www.nilesaudio.com/">Niles Audio Corporation, Inc.</A>, manufacturer of audio/video custom installation components, announced that it had "successfully defended its indoor/outdoor speaker line against would-be imitators."

Just about a month away, <A HREF="http://www.hifishow.com">HI-FI '98</A>, The Home Theater & Specialty Audio Show, will interest thousands of audio enthusiasts when it visits The Westin Los Angeles Airport Hotel in Los Angeles, California from Wednesday, June 10 to Sunday, June 14, 1998.

Remember when you weren't too busy to make your own cassette tapes to play in the car? How you could link one song to the next by genre or theme or beat or musical key? Remember how much more satisfying it was to listen to those tapes than it was to listen to the radio? No commercials, no announcers, no filler---and you liked every tune.