Word: buyer
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...computer was a 7090 -- then IBM's most complex and costly machine, which retailed for up to $5 million and leased for $70,000 a month. The buyer: a newborn college in Dallas, the Graduate Research Center of the Southwest (GRC), which was later absorbed into the University of Texas system. School records show that the institution's trustees approved the order in January 1962, despite the fact that the school didn't yet have a campus. In 1964 the computer was ready for shipment, but the school could neither afford the machine nor find any space for it. Moreover...
...some Harvard staples will probably remainat the College, joked Edward Carpenter, the diningservices' meat and poultry buyer...
...Russia's taking the lead on economic reforms. Specially printed Ukrainian coupons, designed as a temporary currency to phase out use of the Soviet ruble, circulate freely in the republic. In Yalta's shops, cashiers give change in a random mix of coupons and rubles that leaves the buyer guessing about the value of both...
Having to hire or find jobs for spousesis not the only hurdle for universities trying tosell themselves in this buyer's market Schoolsalso aggressively have to recruit women andminorities, who make up only a small percentage ofthe national pool of scholars...
...FIRST CHURCH OF CHRIST, SCIENTIST, GOT OUT of the cable-television business after running up $235 million in losses over seven years. Shutdown costs -- including severance packages for the 400 employees of Monitor Television who were laid off -- will run another $45 million. While church officials search for a buyer for the cable operation, the Monitor Channel will broadcast reruns. The channel managed to attract about 4 million subscribers before its demise, a bantamweight entry in the cable ring compared with the likes of the Discovery Channel, which has upwards of 57 million homes...