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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: Valueman who wrote (5541)7/6/1999 7:47:00 PM
From: djane  Read Replies (1) | Respond to of 29987
 
Good news on State Dept processing export applications?

aviationweek.com

BETTER DAYS AHEAD?

The U.S. State Dept. is hiring more staffers to free up a logjam in
processing export applications for satellites and other U.S.-built
aerospace components. Eric D. Newsome, assistant secretary of State
for political military affairs, told a Senate panel that $2 million in extra
annual funding will be used to augment the 14 State Dept. and four
Defense Dept. officers responsible for reviewing 46,000 munitions export
applications last year (AW&ST May 24, p. 29). But, he cautioned,
improvements will not be immediate. Lockheed Martin Missiles & Space
President and CEO Thomas A. Corcoran warned the panel that the strict
export controls implemented to prevent China from acquiring sensitive
U.S. technology actually could harm national security. He said the
restrictions will benefit non-U.S. companies "that are more likely to sell
advanced technology to countries with fewer restraints."



To: Valueman who wrote (5541)7/7/1999 3:40:00 PM
From: djane  Read Replies (1) | Respond to of 29987
 
To the thread, anyone know if Soros can now sell his G* shares purchased last year? I thought I read somewhere (can't find the bookmark) that the sale restriction ended on 7/6/99. Anyone have more info? djane