More Information on Armand Rousso
Articles and Other Information
The following is a list of articles on Armand Rousso and his online ventures.
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Setting Up An Exchange
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"A 35-year-old Frenchman whose deal-making has elevated the humdrum notion of stamp trading to rarefied heights, is again about to redefine the stamp market..."
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Computer Stamp Exchange: Philately for Fun and Profit
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"A 35-year-old French-born millionaire wants to rejuvenate the hobby of stamp collecting and make money in the process. Rousso, the owner and chairman of the International Stamp Exchange Corp. of Miami Beach, believes he can revive interest in philately with a combination of publicity and the lure of profit..."
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Area Dealer has New Idea for Collecting
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"Rousso hopes to change the way stamp collectors buy and sell stamps. He plans to do it through the International Stamp Exchange-a philatelic version, if you will, or a stock exchange..."
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New International Stamp Exchange
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"Rousso is shaking up the world of stamp collecting. The 35-year-old French financier has started an international stamp exchange in Miami Beach so collectors can buy and sell rare postage stamps like stocks, by computer..."
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People To Watch - Armand Rousso
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"Rousso, 35, has come a long way from his teenage days in Paris when he used to barter old stamps for meals in a Chinese restaurant. Now based in Palm Beach, Florida, Rousso in the past 18 months has exchanged millions of dollars worth of rare stamps for yachts, real estate, and private jets, most of which he then sold to reinvest in more stamps..."
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Dade Dealer is Putting His Stamp on a Computer-aided Business
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"Rousso believes he can change the face pf philately by using a computer to match buyers and sellers of investment-quality stamps. What he hopes to do, he says, is cash in on a share of million-a-year business of stamp collecting and trading..."
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New Profit May Put Stamp of Approval on Philately Hobby
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"In the exchange, which opened in October and which Rousso expects to be fully operational later this month, descriptions of each stamp, including the owners’ asking price, are fed into a computer. Potential buyers, dealers, or individuals who have computers can see the exchange’s listings of stamps and enter bids on them. If the bid equals the price asked, the sale is automatically completed by the exchange. If the bid is lower, the seller can choose to accept it..."
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Computer Age Puts Stamp in Another Tradition
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"Rousso learned early that some stamps were worth more than their postage. The ones he took to a Chinese restaurant owner he befriended bought him and his cronies countless meals. Rousso, who now lives in Palm Beach, is hoping to get even more people interested in the million-a-year business, but not through trades in small shops, auction houses or other traditional means. He wants to bring the art of stamp collecting into the computer age with his fledging International Stamp Exchange Corp. Rousso’s concept is to provide through the Stamp Exchange an elaborate data base that stamp aficionados can tap into-a computerized ticker tape of minute-by-minute prices for thousands of stamps..."
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Online eCommerce Started with a Stamp
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"When you think of big names in eCommerce, companies like Amazon.com and eBay automatically come to mind. But if you rewind the clock several years-1986 to be precise-you’ll discover what has been recognized as the first eCommerce company. It was a stamp exchange started by a gentleman named Mr. Rousso..."
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International Stamp Exchange May Set New Trend
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"Rousso hopes to change the way stamp collectors buy and sell stamps. The typical stamp collector 20 years ago was a knowledgeable treasure seeker who hunted philately in hopes for the print that would compete a collection. Now, claims Mr. Rousso, the collector is a sophisticated investor seeking to buy stamps low and sell them high, less interest in the specimen’s history, more interest in its value..."
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