I do remember when these systems first hit the market in the mid-1970s. I believe they were intended to compete directly with the JBL 3-way 12" systems such as the L100, 4312 studio monitors, etc. As I remember, Altec had some production issues and, back then, I never actually got to hear a pair perform against other systems in Hi-Fi stores. They simply were not available in stores.
I assume Altec was focused on the professional market and no so much on the Hi-Fi consumer
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