Tandy's Lost Decade 1988: Launches THOR, a supposedly revolutionary recordable CD player. THOR never makes it to market 1989: Pays $117 million for European PC maker Victor Technologies 1991: Starts Computer City superstore chain, which eventually loses an estimated $100 million 1993: Sells money-losing PC manufacturing business to AST for $110 million; begins closing concept stores launched in 1985, including McDuff's, Video Concepts, and The Edge in Electronics. DEC., 1996: Pulls the plug on Incredible Universe, then closes the remaining McDuff's stores, plus 19 Computer City stores JAN. 7, 1997: Shares are down 5.7% over a decade, vs. a 205.6% rise for the S&P 500 DATA: BUSINESS WEEK, COMPANY REPORTS

Updated June 15, 1997 by bwwebmaster
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