Wadia is now part of McIntosh and has relocated RD to NY. They are designing lots of new pieces and are focused on flushing inventory to fund new equipment and clear the pipeline for distribution to buy then new goods. If retailers still have old product they will resist buying new. Also, there is probably some desire to get good word of mouth out there as to past purchases of good value. This all came from the local Mac dealer in a conversation a few months ago.
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