TWICE - November 13, 2000

MINNEAPOLIS -A softer economy, which has created increased promotional activity, is expected to reduce gross margins and profitability at Best Buy, making the retailer adjust its earnings outlook for the second half of fiscal 2001.Best Buy reduced earnings expectations for its fiscal third quarter ending Nov.

• Maytag CEO Ward Resigns

• Accessories
• Basics Leading Charge In Computer Accessories Sales

• Business News
• Cobra's FRS Drives Q3 Report
• Warrantech Stays On Track In Q2

• Communications
• Two-Way SMS To Permeate United States
• Wireless Carriers Target Youth Market With Music, Games
• High-Speed 2.5G Wireless Due In 2001

• Computer Technology
• Target Rolling Out Visor In Arizona
• COMDEX Sports A Wider Scope In Vegas Today
• Sony Hypes Memory Stick At Comdex
• High-End PCs, Handhelds Seen Leading Holiday Sales
• Gates Leads Lineup Of Comdex Keynotes
• TDK 2GB CD-R/RW Demos At Comdex

• Home Audio
• AUDIO BRIEFS
• Theta Upgrades Preamp, Amp

• Home Networking
• Separate Markets Emerge For Home Gateways
• CEDIA: Custom A/V Sales To Grow 26.5% In 2000
• Japan Makes Home Networking A High Priority
• Custom Looks To Broadband, PC Networking
• PC, A/V Network Standards Move Along At Varied Pace
• Some Installers Buck Trend, Go Retrofit Route

• Interactive Entertainment
• INTERACTIVE BRIEFS
• Columbia Unveils Interactive DVD Classics
• No Playing Around For NUON DVD Sales

• Major Appliances
• Best Buy Reaffirms Its Commitment To Majaps
• The TWICE Top 5: Best-Selling Appliances At Retail
• APPLIANCE BRIEFS
• Maytag Sponsors Six-City Concert Series To Promote Conservation
• Energy Star Units See Sales Soar

• Mobile Electronics
• Remote Disable Set For Harley-Davidsons
• 42-Volt Switch To Help And Hinder Aftermarket
• DEI Licensed To Offer New ACDelco Items
• Records Won, Rules Proposed At IASCA Finals
• Kenwood And McIntosh Offer First OEM Car Audio
• MB Quart: Speakers To Boost Standard
• MOBILE BRIEFS

• News
• Ultimate Electronics Q3 Report Shows 12% Comp-Sales Jump
• SanDisk Buys 10 Percent Share In Digital Video, Imaging Firm
• Download Update: Big Five Expand Selection Of Songs
• Negative Comps In Q4 Expected For Office Depot
• Hitachi Revises Upward Forecast For Its First Half
• Slow But Steady DTV Rollout
• Philips Deploys Upmarket TV Strategy
• DVD+RW Intros Expected At Comdex
• TWICE PEOPLE
• OfficeMax Q3 Core Sales Climb 6%
• Sega Expects Loss Of $203.8M For Yr.
• Video Sales Increase In October
• Broadcaster Calls For More Digital TV
• RadioShack: Oct., Q3 Sales On The Rise
• Musicland Profit Climbs 30% In Q3
• Recoton Cuts Losses, Gets Financing

• Retailing/E-tailing
• Ultimate Electronics To Enter St. Louis Market In Late 2001
• Kmart, Wal-Mart E-tail Sites Return With Wider CE Assortment
• DVDs, PCs, Big TVs Top Wish Lists
• E-Business Goes Global, And You Better Keep Pace
• TCE Recaptures RCA's Luster As Digital Future Is Forged
• Fourth-Quarter Sales Outlook Remains Too Close To Call

• Video/Home Satellite
• Retailing Of Digital TV: A Tale Of Two Channels