Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: Dragonfly who wrote (3462)	5/27/1998 10:41:00 PM
From: JMD	Read Replies (1) \| Respond to of 10852

Dragonfly, agree that options/leaps are looking like a good play now. Let me know if you have any cool calcs on leaps in the 2001 range. Hard to figure the half-life of political crap but know it doesn't extend to 2001! Regards, Mike Doyle

To: Dragonfly who wrote (3462)	5/28/1998 1:57:00 PM
From: dougjn	Respond to of 10852

A measured Time magazine review of the China missle scandal. Headline: Red Face Over China Did a Chinese plot persuade Clinton to let a U.S. company give China its rocket science? No. Politics (and policy) did pathfinder.com However, the article does not go into any detail in examining the extent to which Loral may have given the Chinese important missle information. It only repeats the DoD charge. From a Loral point of view, that is the key issue. I think the DoD charge (which was never very vigorously pursued, and indeed appears to have been dropped) is perfectly consistent with the notion that ANY information or even confirming of Chinese conclusions about the causes of the accident "may have helped China hone its ICBM guidance systems". Even if the conclusion was bad soldering. BTW, from what I can tell it isn't even clear that Loral employees committed a technical violation. Following Loral's giving the Chinese a copy of their insurance accident review, the DoD promulgated rules requiring a specific waiver before any missle accident reports could be provided to the Chinese. I.e., they found it necessary to at least clairify the rules following the event. And very possibly, to create the rules for the first time. Of course an accident report could not become an excuse for providing blueprints of U.S. missle guidance systems, for example, but nothing remotely like that occurred from all I have seen. Doug