LATEST ADDITIONS

Distressed <A HREF="http://www.carver.com/">Carver Corporation</A> announced August 31 that founder Bob Carver has signed a letter of intent to return as chairman and CEO of the company he founded 20 years ago. The letter also spells out conditions for a possible merger of Carver and <A HREF="http://www.sunfire.com/">Sunfire Corporation</A> as early as 18 months from now. Sunfire, manufacturer of the highly regarded Sunfire power amplifiers, is Bob Carver's privately held company.

It wasn't easy building the perfect audio system---endless hours spent choosing synergistic components, and working that impossible room to its greatest advantage. Why not share the struggle, the rewards, and the knowledge gained by sending information about your audio environment to us here at <I>Stereophile</I>?

How much power do you really need? How much power can you actually use? What's necessary, and what's icing on the cake? And does <I>anyone</I> really need 1000Wpc?

Several weeks ago, we <A HREF="http://www.stereophile.com/news/10211/">reported</A&gt; on the revival of McCormack Audio by Bill Conrad and Lew Johnson, who purchased the company's assets at an auction in Southern California. This past week, McCormack Audio has announced that one of the original co-founders, Steve McCormack, has rejoined the company as Director of Research and Development. McCormack had worked at the company from its inception in 1982 until 1996.

Recordable CD machines are nothing new these days, especially those aimed at the PC market. Those machines that find their way into Desktop PCs can end up doing everything from backing up corporate financial data to mastering CD-ROM titles. Many are used for recording music CDs as well, and so a new CD-Recorder from <A HREF="http://www.smartandfriendly.com">Smart and Friendly</A> has a couple of features thrown in just to excite the audio folk.

A few years ago, when media pundits began discussing the possible ramifications of 500 channels of television, the concept of "narrowcasting" quickly became the buzzword <I>du jour.</I> The idea was that programming in the future would be aimed at increasingly better-defined markets. Rather than an all-sports channel, an astute broadcaster would operate multiple channels devoted to individual sports: an all-basketball channel, for example, or round-the-clock motor sports. Advertising tailored for a tightly defined market might prove more efficient than its shotgun-effect equivalent.

Some optimists in Washington, on Wall Street, and elsewhere predicted that the Asian economic crisis wouldn't reach the United States. But in late August, the financial flu infecting that part of the world, and the ongoing monetary instability in Russia, finally affected North America. As of Friday, August 28th, the <A HREF="http://www.dowjones.com/">Dow Jones</A> Industrial Average was hovering just above 8000, down from a record high of 9337.97 on July 17th. The market decline has affected the whole economy---traditional industries as well as hot-ticket ventures like Internet stocks.