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Strategies & Market Trends : Booms, Busts, and Recoveries

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From: elmatador	1/31/2005 6:40:09 AM
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Is official now: British cargo plane shot down in Iraq <Unnoficial was elmat yesterday posting 59673> www.chinaview.cn 2005-01-31 18:12:21 BAGHDAD, Jan. 31 (Xinhuanet) -- An Islamic militant group claimed on Monday that it had shot down a British C-130 military transport plane north of Baghdad. The group called itself Ansar al-Islam said in a statement posted on an Islamic web site that its fighters fired an anti-tank missile at the plane "which was flying at a low altitude". At least 10 British military personnel were believed to have been killed on Sunday when a Royal Air Force transport plane crashed in an area northwest of Baghdad. I believe they don't want to disclose they have anti-aircraft weapons. <<debris was scattered over a large area suggesting that the aircraft broke up in the air.>> It very unlikely to be a shaped-charge, which is armor piercing and designed to cut through heavy metal plates protecitng a tank's crew. A shaped charge against a soft aircraft fuselage, will drill a whole thorugh the airplane and would keep going without its warhead exploding. News will come soon :-)

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