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From: markmc@ncrcae.UUCP (Mark McCulley)
Newsgroups: net.audio
Subject: High End Audio Companies Folding
Message-ID: <2080@ncrcae.UUCP>
Date: Wed, 10-Oct-84 11:36:13 EDT
Article-I.D.: ncrcae.2080
Posted: Wed Oct 10 11:36:13 1984
Date-Received: Sat, 13-Oct-84 01:08:24 EDT
Organization: NCR, Columbia, SC
Lines: 15


	Heard rumors (reliable sources) this week that several "high 
end" audio companies have shut their doors, or are in the process
of doing so.
	Most notably are Acoustat and Trans-Audio (Oracle).  Apparently 
Oracle is searching for an investor(s) and may reopen but it sounds like 
Acoustat is dead.  Too bad, they both had good products.
	Also, Levinson, McIntosh, and Snell Acoustics have apparently closed.
Peter Snell died of a heart attack at age 38. Don't know what happened
at these other companies.
	Looks like a shake up is occuring in the high end market. Perhaps
some new companies (Belles, Eminent Technologies, Onyx Audio for instance)
are providing some serious competition to the old stand-bys.