From the strong economy files:

Ultimate Electronics Inc. said Wednesday it will close half its stores -- 30 outlets including some if not all in Iowa -- and fire 965 workers by June 30 in a corporate reorganization under federal bankruptcy protection.

The fate of the Davenport store, one of three in Iowa, was not known Wednesday afternoon, according to a store employee, who referred calls to the company's corporate headquarters in Thornton, Colo.

The store at 3800 E. 53rd St. opened in December 1999 with 70 to 80 employees.