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Memorial Day is the traditional beginning of summer. This year, it will mark a new chapter for Klipsch">http://www.klipsch.com">Klipsch Audio Technologies.

The">http://www.thewiz.com/wiz/app/CeMain">The Wiz may not be long for this world. On Monday, February 10, Cablevision">http://www.cablevision.com">Cablevision Systems Corporation announced that it would sell or close its remaining 17 consumer electronics stores, all in the New York metro area, New Jersey, and Connecticut. The announcement came only a few days after Circuit City announced major cutbackshttp://www.stereophile.com/news/11569/">cutbacks; of its workforce and the elimination of sales commissions.

Michael Fremer investigates the Parasound">http://www.stereophile.com//amplificationreviews/774/">Parasound Halo JC 1 monoblock power amplifier, exclaiming, "The 5-to-1 ratio of cost to retail price suggests that the "raw" cost of the JC 1 is about $600—a number almost impossible to believe, given the superb build quality and sheer heft of this powerhouse monoblock." And then there is the sound.

One might assume that the mutually dependent businesses of electronics manufacturing and retailing would track each other in perfect unison. That's often true, but they can sometimes get wildly out of sync with each other. It's one of the great economic mysteries.

Start policing your employees' use of file sharing networks or we sue you. That was the threat from the Recording Industry Association of America (RIAA) and Motion Picture Association of America (MPAA) to Fortune 1000 companies last week as the organizations announced the publication and distribution of a guide "to assist US companies in preventing copyright abuse on their computers and networks."

The Swedes have found a new way to kill time on those long, cold Scandinavian winter nights. On February 7, Swedish">http://www.sr.se">Swedish Radio (SR) announced that it had begun multichannel test transmissions from the Sirius 2 satellite, utilizing DTS's">http://www.dtsonline.com">DTS's Coherent Acoustics compression/ decompression algorithm. The tests are intended to run until the end of April 2003.

The continuing recession is hitting Circuit">http://www.circuitcity.com">Circuit City hard.