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To: IceShark who wrote (23400)3/5/1999 8:07:00 AM
From: MythMan  Respond to of 86076
 
Like fighting city hall.....
>>I think you have to be very company specific in the tech area right now, because I think some are are still at multiples that represent an unrealistic risk-reward, but if you take an IBM or an Intel (INTC) or, to my way of thinking, a Compaq (CPQ), they're now trading at price to earnings multiples that represent a very good risk-reward profile, and I would be buying these stocks.>>

cnnfn.com



To: IceShark who wrote (23400)3/7/1999 9:18:00 PM
From: MythMan  Respond to of 86076
 
I know I'm posting crap but I also know you're a big fan -s-
search.washingtonpost.com



To: IceShark who wrote (23400)3/7/1999 9:45:00 PM
From: MythMan  Read Replies (1) | Respond to of 86076
 
China..cont...
>>By REUTERS

WASHINGTON -- Senate Intelligence Committee chairman Richard Shelby
Sunday criticized the Clinton administration for moving too slowly to
tighten security after a major leak of nuclear secrets to China was
discovered in 1997.
"We've been pushing, we've been prodding the administration to do more,
to tighten up security," the Alabama Republican said on the NBC program
"Meet the Press."

"I think they're beginning to but it's been a long time," Shelby said.
"They waited a long time. They could have done more. They could have
done more immediately ... It will damage, if it hasn't already damaged
our national security in a big, big way."

Shelby said Congress would hold hearings as soon as possible to look
into the leak of secrets to China in the mid-1980s and the
administration's subsequent investigation.

"The attitude of lax security is going to do more damage to our national
security than what we've seen in these newspaper articles," Shelby said.

The New York Times Saturday reported that China used secrets stolen from
the National Laboratory at Los Almos, New Mexico, in the 1980s to
produce smaller warheads that could be launched from a single missile at
multiple targets.

The paper quoted critics as saying the investigation into Chinese
espionage had been delayed because the discoveries came at a politically
sensitive time for the Clinton White House.

The information came to light while Congress was investigating the role
of foreign money in the 1996 presidential campaign and as charges
emerged that Beijing had secretly funneled money to the Democratic
party.

On Saturday, administration officials said the matter was under
investigation. National Security Council spokesman David Leavy said a
number of steps had already been taken to "improve security in a
systematic and comprehensive way."

The revelations could further damage the administration's attempts to
convince Congress to allow China into the World Trade Organization.

Senate Majority Leader Trent Lott, also concerned about Chinese
espionage, said Sunday that Congress may have to consider holding the
administration in contempt of Congress to prod it into providing
complete national security information.

"Congress is going to have to toughen up in dealing with this
administration, particular where it comes to China and the violations
that occurred there," the Mississippi Republican told the "Fox News
Sunday" program. "Our options are limited, but clearly there are a
number of things where they are stiffing the Congress' ... requests for
information."

Details of the theft were in a secret report by a House select committee
that investigated the separate transfer of sensitive U.S. technology to
China. Lott said this report should be declassified.

At the request of the committee, headed by California Republican Rep.
Christopher Cox, the CIA and other agencies are conducting a thorough
damage assessment, the Times said in its story.

Shelby said top Chinese officials visiting the United States ought to be
warned to cease their espionage efforts.

"I think the message should be we want to engage you, we want to trade
with you, but we're not going to look the other way if you are going to
conduct espionage in this country," Shelby said. <<