SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Loral Space & Communications
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Valueman who wrote (6215)5/25/1999 10:08:00 PM
From: Snow Shoe  Read Replies (2) of 10852
 
From the company website, confirmation that a sensitive technology transfer of proper soldering technique occurred :0):

LORAL ISSUES STATEMENT
ON COX COMMITTEE REPORT

We have reviewed the Cox committee report and it is clear that its conclusion that Loral provided sensitive information to the Chinese is not supported by the facts, even as laid out in the body of the report.

Contrary to the allegation that we helped the Chinese find the cause of the Long March failure in 1996, our review, including analyses by outside experts, established that the Chinese independently identified the root cause of the problem which concerned a soldering defect.

We were first to report on this matter to the government in a voluntary disclosure and we have fully cooperated with the government throughout.

We remain convinced that we have not violated the law, that our employees acted in good faith and that we did not transfer sensitive information to the Chinese.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News