It has been my experience that $400 or thereabouts is about the least one can pay for a pair of speakers with the expectation of audiophile-calibre sound.

We received the following press release on May 7—Ed.

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Mauro Grange, CEO of Fine Sounds SpA, and Charlie Randall, longtime President of McIntosh Laboratory, Inc., have announced their plans for a management buyout of Fine Sounds Group in partnership with LBO France and Yarpa. The acquisition will facilitate greater opportunities for global collaborations amongst the product development, marketing, distribution and finance teams of each of the Group's portfolio of brands, which includes Sonus Faber, Audio Research Corporation, Wadia Digital, Sumiko and McIntosh.

Anyone who thinks the ultra-chic New York progressive music scene lacks a sense of humor hasn't heard Laurie Anderson. Her last album, Mister Heartbreak, proved to be the most listenable and entertaining example of the genre on years. It also provided a sound quality that put most "audiophile" discs to shame.