Word: buyer
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Rousso expects some 300,000 U.S. collectors and thousands more abroad to use ISEC, for which they will pay 3% buyer's fees and 6% selling commissions. By making trading convenient, he also expects to attract new collectors. To ensure the authenticity and quality of stamps listed on the exchange, ISEC's staff experts will take possession and verify descriptions before posting sell orders. The price a buyer will pay for a stamp, of course, depends on numerous factors. The famous "Inverted Jenny" from the first U.S. airmail issue in 1918 is especially valued by collectors for one striking error...
...just go out and look for another buyer," said the church's treasurer, Thomas M. Smith. "But people from that church are sentimental about that building and don't want to see it turned into a parking...
...three years Northrop has been seeking a buyer for its F-20 Tigershark plane. Developed at a cost of $850 million, the jet fighter has consistently been spurned by the U.S. and foreign governments in favor of General Dynamics' larger F-16 Fighting Falcon. Adding to the Tigershark's woes, two of its three prototypes have crashed since last October...
...legal problems. It turned to the Wall Street firm of Morgan Stanley to handle the auction. "The Russians would have been happy to make the highest bid," quipped Joseph Perella, a managing director of First Boston, a Hughes adviser. From the outset, GM seemed the most likely buyer. Detroit's recovery had left the largest U.S. automaker with some $9 billion to spend, even after the E.D.S. acquisition, and Smith badly wanted Hughes...
...those who find that Harvard provided extras are not enough, they can purchase cheerleading outfits and muscle shirts for their toddlers and small children, or an official Harvard wine carafe set with four glasses, says Charlie McDonald, buyer for the Coop's glassware and stationery department