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A continuing sales slump has the Tweeter">http://www.tweeter.com">Tweeter Entertainment Group, Inc. projecting losses for the third straight quarter.

Canton, MA-based Tweeter">http://www.tweeter.com/">Tweeter Home Entertainment Group (NASDAQ: TWTR) has gone public. Last Thursday, July 16, the East Coast audio and video retailer launched an initial public stock offering of 2.71 million shares at an offering price of $17/share.

The ultra-High End may be stagnant in some areas, but the rebound in mainstream consumer electronics is visible everywhere. Canton, Massachusetts-based Tweeter">http://www.twtr.com/">Tweeter Home Entertainment Group has announced record results for the quarter ended September 30, 1999: an increase of 39.5%, or $74.6 million compared to $53.5 million in the same period last year. The results are similar to those posted">http://www.stereophile.com/news/10546/">posted recently by nationwide electronics chain Best Buy, which also had a record quarter. Tweeter's comparable store sales increased 5.2%, not counting results from the recently acquired Home Entertainment and DOW Stereo/Video chains.

Tweeter Home Entertainment Group, Inc filed for Chapter 11 bankruptcy protection on June 11. The move was not entirely unexpected, since the company had indicated in Mayhttp://www.stereophile.com/news/051407tweeter/">May; that it might be forced to file if it could not access additional funding.

Tweeter Home Entertainment Group, Inc., the national electronics retail chain, has teamed with Sonos, Inc., developer of wireless multiroom music systems for the digital home, to bring "the digital home experience directly to the retail floor." The retailer will run broadband Internet connections to Sonos Digital Music System point-of-sale displays at over 150 Tweeter locations, to give music lovers live demonstrations of music server systems.

Last week, Tweeter">http://www.twtr.com">Tweeter Home Entertainment Group, Inc. announced that the company has reached an agreement in principle to acquire DOW Stereo/Video, Inc., located in San Diego, California. DOW is a nine-store specialty consumer-electronics retailer with sales of approximately $38 million, and has been in business in the San Diego market for over 30 years. The transaction is expected to be completed on or about July 1, 1999. Tweeter says it will pay approximately $5.5 million for the company excluding acquisition costs, and has the option of paying approximately $500,000 of the purchase price in Tweeter common stock.

Last week, Tweeter">http://www.twtr.com">Tweeter Home Entertainment Group announced that it has reached an agreement in principle to acquire United Audio Centers, located in the Chicago, Illinois area. United Audio describes itself as a seven-store specialty consumer electronics retailer with annual sales of approximately $48 million, and says it has been in business in the Chicago market for over 40 years. The companies expect to complete the transaction on or about April 1, 2000, and note that the agreement in principle to acquire United Audio is subject to various terms and conditions, as well as to regulatory approval.