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Is Hales finished for Good?

I knew Wadia and Hales were in trouble but it was my understanding at least Hales was predicted to survive.I went into Soundworks in Roch.NY today and I was told they both were bankrupt/dead.I was told many customers were waiting on Rev.3's and may have trouble getting their money back from Hales/Wadia as many prepaid for speakers etc. but the cash was tied up.Anytruth to all this?
david99
lakerat2124
42 posts
 
Sorry I forgot to comment on Wadia. There is an effort to bring back Wadia. At this time this looks like it will happen. Sadly this effort doesn't effect Hales as well. FYI, this and the above info was attained Friday from a Hales/Wadia dealer(also a friend of Paul). Although this is positive, proably still should cross our fingers....LR
jla
231 posts
 
Wadia is back. Go to stereophile.com for more info.
ptresslar
4 posts
 
i used the opportunity to pick up t8's t1's and a center channel for slightly less than half price each.i think the hales are wonderful speakers,very real,great soundstage and lots of bass that doesn't get mushy.i am just tonight installing new home theater equipment purchased with money saved because of the fire sale prices on the remaining hales stock .i think all the hales have been terrific values in their corresponding price range and now are too cheap to let go by,if you can find what you are looking for.
fpeel
455 posts
 
FYI: There was a recent article on Stereophile's Web site about QSC picking up Hale's inventory. They are planning on making it available to the public. Unfortunately, other than parts it doesn't look like they will be providing any other support. It's still good to know where to go if in need of replacement parts. Here's the link: http://www.stereophile.com/shownews.cgi?925
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