SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K


                                 CURRENT REPORT


                         Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934





                 May 20, 1999 (Date of earliest event reported)

                          May 21, 1999 (Date of Report)


                                TANDY CORPORATION


               (Exact name of registrant as specified in charter)


Delaware                 1-5571                               75-1047710
State or other         (Commission                           (IRS Employer
Jurisdiction of         File Number                        Identification No.)
Incorporation)

     100 Throckmorton Street Suite 1800, Fort Worth, Texas         76102
     (Address of principal executive offices)                      (Zip Code)

      Registran's telephone number, including area code (817) 415-3700


Item 5.  OTHER EVENTS

     The text of a press release issued by Tandy  Corporation (the "Company") on
May 21, 1999 is set forth below:

     Tandy  Corporation  Announces the Next Step in Home  Connectivity  Strategy
Tandy  Agrees to  Acquire  Amerilink  Corporation:  an  Established,  Profitable
Installer of Cable, Telephony and High-Speed Bandwidth Products

     Fort Worth, Texas -- Tandy Corporation (NYSE: TAN) announced today that the
Company has entered into a definitive agreement to acquire Amerilink Corporation
(NASDAQ: ALNK) in an all-stock transaction. Amerilink, a consistently profitable
company based in Columbus,  Ohio,  designs,  constructs,  installs and maintains
cabling  systems for the  transmission of video,  voice and data,  primarily for
home use. Established in 1971, Amerilink provides service on a national basis to
cable television  operators,  telecommunications  providers,  competitive  local
exchange carriers ("CLEC"),  direct broadcast  satellite  providers and users of
local area  network  ("LAN")  systems.  Amerilink's  national  customer  base is
supported  with  regional  offices  located  throughout  the country,  servicing
customers in all 50 states.

     "This  acquisition  possesses  exceptional  synergistic  opportunities  and
profit growth for both Tandy/RadioShack and Amerilink. We see the acquisition as
another  significant  step in our  progression  toward  becoming  America's Home
Connectivity  Store," stated Chairman and CEO Tandy  Corporation/RadioShack  Len
Roberts.  "Tandy  has a strong  commitment  to  continue  servicing  Amerilink's
current  customers,  and  therefore,  it will be business as usual.  Amerilink's
experienced  management  expertise  will  help us  test  various  approaches  to
installation,  including franchising, as we bundle installation service with our
powerful technology product and service offerings. Americans will now be able to
get  service  and  products  like  NorthPoint's  high  speed  bandwidth  digital
subscriber line ("DSL"); RCA's digital entertainment  products,  including cable
modems and  digital  satellite  systems;  and Compaq  Computers  as they  become
available in their neighborhood RadioShack store," continued Mr. Roberts.

     Tandy will acquire 100% of  Amerilink's  common stock at an exchange  ratio
designed to reflect $15.60 per share of Amerilink's stock in a tax-free exchange
for Tandy stock.  Total value of the transaction is  approximately  $75 million.
Shareholders  representing  41% of Amerilink  have already agreed to support the
merger.  Amerilink has approximately  4.8 million shares  outstanding on a fully
diluted basis.

     Amerilink  Chairman and CEO Larry Linhart  stated,  "Demand for our type of
services from service  providers  should be stimulated by the tremendous rise in
the use of cable modems and direct broadcast satellite. Also, the cable industry
will continue to require our type of services to upgrade  their  infrastructure,
including  the  connection to customers'  homes.  RadioShack  adds to our growth
potential with its strengths in direct broadcast  satellite,  telephone and high
speed bandwidth, all of which are significantly  complimentary to our experience
and core competency. The merger of RadioShack's selling expertise,  coupled with
Amerilink's exceptional  installation  capabilities,  truly gives the RadioShack
chain an extraordinary competitive edge."

     Amerilink currently completes approximately 10 to 15 thousand installations
weekly.   Residential  installations  account  for  67%  of  the  revenues,  and
commercial  installations make up the remaining 33%. Amerilink has approximately
500 employees and also uses independent contractors who have their own equipment
and vehicles.

     Amerilink has announced earnings for the year ended March 31, 1999 of $0.28
per share on sales of $65.2  million,  and operating  cash flow of $5.7 million.
Going  forward,  the  transaction  is not  expected  to be  dilutive  to Tandy's
earnings.  The  transaction  will be  accounted  for as a  "purchase"  by Tandy.
Pending  government  and Amerilink  shareholder  approvals,  the  transaction is
anticipated  to close late August 1999.  The results of operations of Amerilink,
which will conduct  business as a wholly-owned  subsidiary of  Tandy/RadioShack,
will be included in the Company's  financial  results  starting from the date of
closing.

     "Looking forward, we have been clear about our strategic vision of becoming
the primary  provider of home  connectivity  and  earning  additional  recurring
residual  revenue  streams.  As  technologies  continue to evolve,  we expect to
leverage  RadioShack's  unique  expertise in accelerating  adoption rates of new
products and services into additional strategic partnerships with companies that
provide  exciting  technological  solutions to deliver high speed digital voice,
data,  and  video to the home and  small  businesses,"  commented  Mr.  Roberts.
"Installation  capability  will  assist us in  developing  additional  strategic
partnerships  as  well  as  tying  RadioShack   closer  to  the  customer.   The
telecommunications, home entertainment, and computer industries are advancing at
a phenomenal  rate.  Driven by the Internet,  more and more households and small
businesses  across  America  will  be  demanding  high  speed  Internet  access,
movies-on-demand, and exciting new developments still to come, like videophones.
What we are  about  to see is a whole  new era in  connectivity  as the  digital
revolution explodes."

     Tandy  Corporation/RadioShack  is the natio's largest consumer electronics
chain and one of the most trusted  electronics  retailers in the United  States.
With  more than  7,000  stores  and  dealers,  RadioShack  sells  more  wireless
telephones,  telecommunications  products and electronic  parts and  accessories
than any other  retailer.  It is estimated  that 94 percent of Americans live or
work within five minutes of a RadioShack store or dealer.  For more information,
visit   Tandy    Corporation/RadioShack   web   sites   at   www.tandy.com   and
www.radioshack.com.

     Statements made in this press release which are forward-looking  statements
involve   risks  and   uncertainties   and  are   indicated  by  words  such  as
"anticipated,"  "could,"  "plans,"  "goals" and other  similar words or phrases.
These  uncertainties  include,  but are not  limited  to,  economic  conditions,
product demand,  applicable  shareholder and regulatory  approvals,  competitive
products and pricing,  availability of products, real estate market fluctuations
and other risks indicated in filings with the Securities and Exchange Commission
such as Tandy's most recent Form 10-K and 10-Q.

                          END OF TEXT OF PRESS RELEASE

     In  the  press   release  set  forth  above,   the  Company  makes  certain
forward-looking statements.  These statements are based on the Company's current
expectations and are subject to a number of risks and  uncertainties  that could
cause  actual  results  in the  future  to  differ  significantly  from  results
expressed or implied in any  forward-looking  statements made by or on behalf of
the Company.  These risks and uncertainties include uncertainties  regarding the
extent of consumer demand for digital products and services,  the ability of the
Company  to enter  into  strategic  acquisitions  and  alliances  and to execute
related business plans,  and the risks  associated with these plans.  Additional
risks are set forth in more detail in the  Company's  Annual Report on Form 10-K
for the year ended  December 31, 1998,  the Company's  Quarterly  Report on Form
10-Q for the calendar  quarter  ended March 31, 1999 and the  Company's  Current
Report on Form 8-K dated May 14, 1999.

                                    SIGNATURE

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized this 24 th day of May, 1999.



                                     TANDY CORPORATION
                                     (Registrant)



Date May24, 1999                     /s/
                                     Mark C. Hill
                                     Senior Vice President, Corporate Secretary
                                     and General Counsel