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Word: telex (lookup in dictionary) (lookup stats)
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...philatelic broker, Rousso, 35, says that official catalogs value the rare stamps that he has traded since 1984 at $45 million. Now he is taking the art of stamp trading into the computer age. Starting this week, collectors worldwide will be able to buy and sell rare stamps via telex through Rousso's Miami-based International Stamp Exchange Corp. In a month, stamp buffs will also be able to trade through personal computers...

Author: /time Magazine | Title: Investments: Trading Stamps By Computer | 10/7/1985 | See Source »

...provided information, and only to those who were fortunate enough to still have electricity; sections of the city were without power. A station in Bogota, Colombia, was able to monitor the Mexican channel's transmissions via satellite, and relayed the highlights to the outside world. International telephone and telex circuits were down and, as during the U.S. invasion of Grenada in 1983, the first on-the-spot accounts came from amateur radio operators. Using battery-powered equipment, a handful of Mexico City hams described the devastation to their counterparts in the U.S. The American operators, in turn, were able...

Author: /time Magazine | Title: A Noise Like Thunder | 9/30/1985 | See Source »

...with the U.S.A.," and in Arabic, "Down with one-man rule." Police used tear gas to drive the crowds away from the presidential palace, where they were attempting to present a petition demanding Nimeiri's resignation. With the demonstration came a general strike that paralyzed the capital. Telephone and telex links were severed, and Khartoum airport was closed, virtually cutting the city off from the outside world...

Author: /time Magazine | Title: Sudan Toppling an Unpopular Regime | 4/15/1985 | See Source »

From its start in 1851, Western Union built a reputation as America's fastest and trustiest messenger. The company constructed the first transcontinental telegraph line in 1861, introduced telex messages in 1958, created Mailgram service in 1970 and began operating the first domestic satellite communications system, Westar, in 1974. But now Western Union's electronic pulse is barely perceptible. The company said last week that it lost $58.4 million in 1984 on sales of $1.1 billion. Coming on top of a $59 million deficit in 1983, the news fanned speculation that Western Union may be unable to survive. "Its future...

Author: /time Magazine | Title: Tough Tidings: The message bearer's woes | 3/18/1985 | See Source »

...EasyLink is only one of Western Union's woes. Some of the company's traditional businesses, notably telegrams and telex, remain profitable but have come under pressure from new rivals like in-house corporate message networks. In seeking other opportunities, Western Union has gone off in an unwieldy number of directions. Its ventures have ranged from making mobile- telephone equipment to building ground stations that beam messages to satellites...

Author: /time Magazine | Title: Tough Tidings: The message bearer's woes | 3/18/1985 | See Source »

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