UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                              (AMENDMENT NO. 1)*

                     TWEETER HOME ENTERTAINMENT GROUP, INC.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                     Common Stock, $0.01 Par Value Per Share
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    901167106
                                    ---------
                                 (CUSIP Number)

                                December 31, 2005
                                -----------------
                      (Date of Event which Requires Filing
                               of this Statement)



Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

                  [ ]      Rule 13d-1(b)
                  [X]      Rule 13d-1(c)
                  [ ]      Rule 13d-1(d)



  *The remainder of this cover page shall be filled out for a reporting person's
  initial filing on this form with respect to the subject class of securities,
  and for any subsequent amendment containing information which would alter the
  disclosures provided in a prior cover page.

  The information required on the remainder of this cover page shall not be
  deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
  Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
  the Act but shall be subject to all other provisions of the Act (however, see
  the Notes).


                                  Page 1 of 9





-----------------------                                  -----------------------
CUSIP No. 901167106                   13G                Page 2 of 9 Pages
-----------------------                                  -----------------------

---------- ---------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           S.A.C. Capital Advisors, LLC
---------- ---------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                      (a) [_]

                                                                      (b) [X]

---------- ---------------------------------------------------------------------
        3  SEC USE ONLY

---------- ---------------------------------------------------------------------
        4  CITIZENSHIP OR PLACE OF ORGANIZATION

           Delaware
--------------------- ----- ----------------------------------------------------
      NUMBER OF          5  SOLE VOTING POWER
        SHARES
     BENEFICIALLY           0
        OWNED         ----- ----------------------------------------------------
          BY             6  SHARED VOTING POWER
         EACH
      REPORTING             0 (see Item 4)
        PERSON        ----- ----------------------------------------------------
         WITH            7  SOLE DISPOSITIVE POWER

                            0
                      ----- ----------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            0 (see Item 4)
---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           0 (see Item 4)
---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

           [_]

---------- ---------------------------------------------------------------------
       11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

           0% (see Item 4)
---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

           00
---------- ---------------------------------------------------------------------

                       *SEE INSTRUCTION BEFORE FILLING OUT


                                   Page 2 of 9





-----------------------                                  -----------------------
CUSIP No. 901167106                   13G                Page 3 of 9 Pages
-----------------------                                  -----------------------

---------- ---------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           S.A.C. Capital Management, LLC
---------- ---------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                      (a)[_]

                                                                      (b)[X]

---------- ---------------------------------------------------------------------
        3  SEC USE ONLY

---------- ---------------------------------------------------------------------
        4  CITIZENSHIP OR PLACE OF ORGANIZATION

           Delaware
-------------------- ------ ----------------------------------------------------
      NUMBER OF          5  SOLE VOTING POWER
       SHARES
    BENEFICIALLY            0
        OWNED
         BY          ------ ----------------------------------------------------
        EACH             6  SHARED VOTING POWER
      REPORTING
       PERSON               0 (see Item 4)
        WITH         ------ ----------------------------------------------------
                         7  SOLE DISPOSITIVE POWER

                            0
                     ------ ----------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            0 (see Item 4)

---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           0 (see Item 4)
---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

           [_]

---------- ---------------------------------------------------------------------
       11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

           0% (see Item 4)
---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

           00
---------- ---------------------------------------------------------------------

                       *SEE INSTRUCTION BEFORE FILLING OUT


                                   Page 3 of 9





-----------------------                                  -----------------------
CUSIP No. 901167106                   13G                Page 4 of 9 Pages
-----------------------                                  -----------------------

---------- ---------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Steven A. Cohen
---------- ---------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                      (a)[_]

                                                                      (b)[X]

---------- ---------------------------------------------------------------------
        3  SEC USE ONLY

---------- ---------------------------------------------------------------------
        4  CITIZENSHIP OR PLACE OF ORGANIZATION

           United States
-------------------- ------ ----------------------------------------------------
      NUMBER OF          5  SOLE VOTING POWER
       SHARES
    BENEFICIALLY            0
        OWNED        ------ ----------------------------------------------------
         BY              6  SHARED VOTING POWER
        EACH
      REPORTING             0 (see Item 4)
       PERSON        ------ ----------------------------------------------------
        WITH             7  SOLE DISPOSITIVE POWER

                            0
                     ------ ----------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            0 (see Item 4)
---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           0 (see Item 4)
---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

           [_]

---------- ---------------------------------------------------------------------
       11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

           0% (see Item 4)
---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

           IN
---------- ---------------------------------------------------------------------

                       *SEE INSTRUCTION BEFORE FILLING OUT



                                   Page 4 of 9




ITEM 1(a)        NAME OF ISSUER:

                 Tweeter Home Entertainment Group, Inc.

ITEM 1(b)        ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

                 40 Pequot Way
                 Canton, MA 02021

ITEMS 2(a)       NAME OF PERSON FILING:

                 This statement is filed by: (i) S.A.C. Capital Advisors,
                 LLC, ("SAC Capital Advisors"); (ii) S.A.C. Capital
                 Management, LLC, ("SAC Capital Management"); and (iii)
                 Steven A. Cohen.

ITEM 2(b)        ADDRESS OF PRINCIPAL BUSINESS OFFICE:

                 The address of the principal business office
                 of (i) SAC Capital Advisors and Mr. Cohen is
                 72 Cummings Point Road, Stamford,
                 Connecticut 06902, and (ii) SAC Capital
                 Management is 540 Madison Avenue, New York,
                 New York 10022.

ITEM 2(c)        CITIZENSHIP:

                 SAC Capital Advisors and SAC Capital Management are
                 Delaware limited liability companies. Mr. Cohen is a United
                 States citizen.

ITEM 2(d)        TITLE OF CLASS OF SECURITIES:

                 Common Stock, par value $0.01 per share

ITEM 2(e)        CUSIP NUMBER:

                 901167106

ITEM 3           Not Applicable



                               Page 5 of 9



ITEM 4           OWNERSHIP:

                  As of the close of business on December 30,
                  2005:

                  1. S.A.C. Capital Advisors, LLC
                  (a) Amount beneficially owned: -0-
                  (b) Percent of class: 0%
                  (c)(i) Sole power to vote or direct the vote: -0-
                  (ii) Shared power to vote or direct the vote: -0-
                  (iii) Sole power to dispose or direct the disposition: -0-
                  (iv) Shared power to dispose or direct the disposition: -0-

                  2. S.A.C. Capital Management, LLC
                  (a) Amount beneficially owned: -0-
                  (b) Percent of class: 0%
                  (c)(i) Sole power to vote or direct the vote: -0-
                  (ii) Shared power to vote or direct the vote: -0-
                  (iii) Sole power to dispose or direct the disposition: -0-
                  (iv) Shared power to dispose or direct the disposition: -0-

                  3. Steven A. Cohen
                  (a) Amount beneficially owned: -0-
                  (b) Percent of class: 0%
                  (c)(i) Sole power to vote or direct the vote: -0-
                  (ii) Shared power to vote or direct the vote: -0-
                  (iii) Sole power to dispose or direct the disposition: -0-
                  (iv) Shared power to dispose or direct the disposition: -0-

                  Prior to the Transfer (as defined below), each of SAC Capital
                  Advisors and SAC Capital Management shared all investment and
                  voting power with respect to the securities of the Issuer held
                  by S.A.C. Capital Associates, LLC ("SAC Associates") and S.A.C
                  MultiQuant Fund, LLC. Mr. Cohen controls each of SAC Capital
                  Advisors, and SAC Capital Management.

                  Mr. Michael Zimmerman was previously employed as a portfolio
                  manager by SAC Capital Management and is currently a principal
                  of Prentice Capital Management, LP. As provided in the
                  Schedule 13G of Prentice Capital Management, LP filed on May
                  12, 2005 relating to the Issuer (the "Prentice 13G"), Mr.
                  Zimmerman may be deemed to control Prentice Capital
                  Management, LP. In connection with Mr. Zimmerman's departure
                  from SAC Capital Management, on April 30, 2005 certain
                  securities held by SAC Capital Associates and certain of its
                  affiliates and managed by SAC Capital Advisors, SAC Capital
                  Management and certain of their affiliates were transferred
                  (the "Transfer") to an account managed (the "Managed Account")
                  by Prentice Capital Management, LP pursuant to an investment
                  management agreement among SAC Capital Advisors, Prentice
                  Capital Management, LP and Mr. Zimmerman. The transferred
                  securities included 1,108,650 Shares of the Issuer.

                                   Page 6 of 9


                  The securities in the Managed Account are held in the name of
                  SAC Capital Associates. Prentice Capital Management has,
                  except in limited circumstances, the power to vote or to
                  direct the vote and to dispose or to direct the disposition of
                  the securities in the Managed Account, including any
                  securities of the Issuer held therein. Each of SAC Capital
                  Advisors, SAC Capital Management, SAC Capital Associates and
                  Mr. Cohen disclaim beneficial ownership of any of the
                  securities held in the Managed Account and no such securities
                  are reported herein as being owned by the Reporting Persons.

                  As provided in the Prentice 13G, Mr. Zimmerman and Prentice
                  Capital Management, LP have voting and dispositive authority
                  over investments managed for certain entities in managed
                  accounts. The securities of the Issuer held in the Managed
                  Account are reported in the Prentice 13G. The Reporting
                  Persons disclaim group ownership with Prentice Capital
                  Management, LP as to the securities held in the Managed
                  Account and as to any other securities beneficially owned by
                  Prentice Capital Management, LP or its affiliates.

ITEM 5           OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

                  If this statement is being filed to report the fact that as of
                  the date hereof the reporting person has ceased to be the
                  beneficial owner of more than five percent of the class of
                  securities, check the following. [X]

ITEM 6            OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
                  PERSON:

                  Not Applicable

                                   Page 7 of 9


ITEM 7            IDENTIFICATION AND CLASSIFICATION OF THE
                  SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
                  REPORTED ON BY THE PARENT HOLDING COMPANY:

                  Not Applicable

ITEM 8            IDENTIFICATION AND CLASSIFICATION OF MEMBERS
                  OF THE GROUP:

                  Not Applicable

ITEM 9            NOTICE OF DISSOLUTION OF GROUP:

                  Not Applicable

ITEM 10           CERTIFICATION:

         By signing below the signatory certifies that, to the best of his
knowledge and belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having that purpose or
effect.



                                   Page 8 of 9




                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated:  February 14, 2006


S.A.C. CAPITAL ADVISORS, LLC


By:    /s/ Peter Nussbaum
   -----------------------------------------
Name:  Peter Nussbaum
Title: Authorized Person


S.A.C. CAPITAL MANAGEMENT, LLC


By:   /s/ Peter Nussbaum
   -----------------------------------------
Name:  Peter Nussbaum
Title: Authorized Person


STEVEN A. COHEN


By:    /s/ Peter Nussbaum
   -----------------------------------------
Name:  Peter Nussbaum
Title: Authorized Person



                                   Page 9 of 9