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Technology Stocks : Loral Space & Communications
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To: Dragonfly who wrote (3128)5/19/1998 7:34:00 PM
From: DaveMG  Read Replies (1) of 10852
 
Dragon...Me too. 25 1/2 went by so fast.

Here's a brief summary from PBS

Repubs are very excited about this and Dems have to go along They are especially interested in Bernies contributions and whether they influenced Clinton,and whether Chinese Army funds funneled through China Aerospace found its way into the DNC. I assume everyone knows BS was largest contributor to DNC.Johnny Cheung is once again involved and alleges the money came from China Aero. China Aero denies this of course.Clinton, it seems, personally intervened in the decision to overule the State Dept on the export permits.There apparently is no clear timetable that might demonstrate any quid pro quo. There is also the conflation of two events, which Doug discussed earlier. One has to do with the evaluation of a failed launch of an Intelsat, and the other is the campaign contributions.



Specter thinks there should be an ind counsel. Clinton has also said there should be an investigation. Newt apparently wants to establish a special committee because the Burton Committee is not credible.

Cong. Barrett (Dem) thinks it should be investigated and stated that Justice Dept has begun a CRIMINAL invest into whether LOR gave classified info to China..

This has great potential, much better than CDMA vs GSM/ 3G.

I'd be amazed if there weren't more selling pressure.

Dave
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