Word: ince
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Dates: during 1970-1979
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...market-and cost 30% less to lease. Immediately, some firms began switching to the new computers and canceling their leases of other models. Lloyd's underwriters stopped issuing their policy, as claims began to flow in from leasing companies. Last month one of them, Federal Leasing Inc. of McLean, Va., filed a $627 million damage suit against the London insurance group. Itel, though badly shaken by the new IBM machines, is more patient. Says a spokesman: "There is nothing to indicate that Lloyd's will...
...cooperated, and was never indicted for espionage. When in 1974 Wolston was listed in a book called KGB: The Secret Work of Soviet Agents as "among Soviet agents identified in the U.S.," Wolston sued the book's author, John Barren, and its publisher, Reader's Digest Association, Inc...
...biggest sound advance since technicians discovered that two speakers were better than one. "I won't say when it will happen," says RCA Records Division Vice President Thomas Z. Shepard, "but digital is definitely on its way." Robert Ingebretsen, vice president of a digital recording company called Soundstream, Inc., compares conventional record listening to "looking out a dirty window: you can see, but not perfectly. Listening to a digital recording is like looking out the same window, clean." Soundstream's enthusiastic president, Thomas G. Stockham Jr., who has been working on the process since...
Digital recording may flood the market, but the deluge will be a little slow in coming. There are only a few companies with digital recording capability; Soundstream, Inc., is probably the best known in the U.S. Its classical records are available mostly in the kind of audio stores the owners like to call salons. A couple of these hybrid records-like The Cleveland Symphonic Winds lighting into Handel, Bach and Hoist (Telarc Records)-played at decent volume on a quiet evening could clear an entire neighborhood. "These hybrid records are not as good as full digital recordings," says Telarc...
...average album. "I don't see why digital recordings have to cost $15," says RCA's Shepard, who is preparing to undercut the competition with a $10 digital record of Eugene Ormandy and the Philadelphia Orchestra in hot pursuit of a Bartok concerto. Warner Bros. Records, Inc., will bring out its first digital record next month, Ry Cooder's lively excursion into rhythm and blues, Bop Till You Drop. Warner is thus the first major American record company to release a nonclassical digital album, one that proves digital will make everything sound better, whether it has sweep...