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 : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: mightylakers who wrote (96963)4/5/2001 1:52:34 PM
From: Jim Fleming  Read Replies (1) | Respond to of 152472
 
The stock is behaving well this PM which is a good indication that the crisis stage of the plane incident is over. Let's hope for a little bounce in here prior to earnings.

Jim



To: mightylakers who wrote (96963)4/5/2001 2:00:32 PM
From: carranza2  Respond to of 152472
 
Mighty, it looks like the airmen, if not the airladies, might want to stay at "Sin Island". Lol:

U.S. crew held on China's 'sin island'
By Calum MacLeod

BEIJING, April 4 (UPI) -- U.S. Brig. Gen. Neal Sealock was a man with a
mission Wednesday as he stormed through a Chinese department store in search
of deodorant, shaving kits, other toilet articles and underwear. He shocked
local Haikou shoppers by buying enough to protect, shave and clothe three
women and 21 men.

Under different circumstances, his shopping list may have stretched only
to Hawaiian shirts.

The 24 crew members of the U.S. Navy spy plane trapped in a major
diplomatic crisis crash-landed Sunday into a home away from home. If only
they were granted leave from the secret location where they have been
detained since their plane collided with a Chinese fighter, they would
discover 'China's Hawaii' boasts all the amenities any sailor could dream
of.

The tropical paradise of Hainan island compares favorably with Vietnam's
infamous 'China Beach', just across the waters of the South China Sea, where
US marines on R&R sought relief from the madness of war. In recent years,
millions of Chinese tourists have flocked south to Hainan, now home to 7.6
million people, to enjoy the sun-baked sand, surf and sex that have made the
province one of China's hottest tourist destinations.

It has been a dramatic transformation for a remote outpost of the Chinese
empire once dubbed "the gate of hell."

For centuries, criminals were exiled to Hainan to rot amid the 'southern
barbarians', as China's rulers affectionately dubbed their southern
subjects. Failed attempts to raise the status of this rural backwater
include the efforts of Song Qingling and Meiling, two Hainanese sisters who
married Chinese leaders Sun Yat-sen and Chiang Kai-shek.

Once Chiang fled mainland China in 1949 for Taiwan -- the one Chinese
island larger than Hainan -- the latter became a national defense outpost
for the communist-led People's Liberation Army (PLA), due to Hainan's
strategic position in the South China Sea.

The heavy military presence proved a dead weight on the island's
development, lifted only in 1988 when Hainan finally won provincial status
and dispensation as a Special Economic Zone, carte blanche to pursue every
loophole offered by China's experiment with capitalism.

Hainan soon garnered a reputation as a freewheeling island where anything
goes. Rampant smuggling, open prostitution and underground casinos brought
many immigrants to fuel heady boom-bust cycles. Today, four military bases
remain, but the PLA is also cashing in on the tourist boom, as British
businessman Patrick Horgan discovered last month on a diving holiday with
his girlfriend in Sanya, close to the Lingshui airbase where the spy plane
is still grounded.

"We knew our dive company was under the military when we were driven into
their barracks," said Horgan in Beijing. "We changed into our wetsuits right
next door to a parade ground where guys in camouflage outfits were doing
martial arts, with rifles in their hands!"

It was an appropriate vista. For years, Hainan was known nationwide for
its one major cultural inspiration, the gun-toting ballerinas of 'The Red
Detachment of Women', a revolutionary ballet in which a poor woman joins
communist guerrillas. These days, local wags say poor country girls can only
join the 'Yellow Detachment of Women' - yellow is to the Chinese language
what blue is to English. Hainan's massed ranks of prostitutes, from the
capital Haikou to Sanya's top beach, Yalong Bay, longer than Hawaii's
longest beach, are stealing sex tourists from Thailand and the Phillippines.