With Telex-EVI Audio, Loud Technologies Inc and Harman Pro all quoting strong financial performances, backed up by an anecdotal mood of confidence among dealers, it was tempting to feel optimistic. But Anaheim's annual NAMM show should be treated like all that glitters. The sun's out, but it's still only January and back home they're scraping ice off the windscreens. Jon Anderson and Rick Wakeman of rock dinosaurs Yes make personal appearances, but they're not in the charts - explaining why only six people turned up, perhaps. And the perfect, fun-caked streets of Downtown Disney are as real as the gondolas of Las Vegas.

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