Israel crypto restrictions

Dr.Dimitri Vulis KOTM dlv at bwalk.dm.com
Wed Nov 27 20:22:11 PST 1996


Adam Shostack <adam at homeport.org> writes:
> 	They're listed on NASDAQ (CKP).  This makes them an American
> company for purposes of export controls.  (This from an employee of
> Checkpoint who I asked that exact question.)

This is truly bizarre. First, if they were on the NASDAQ, they'd have a
4-letter ticker symbol, not a 3-letter symbol. MSFT (Microsoft) is on NASDAQ.
IBM (IBM) and F (Ford) are on the New York stock exchange and/or
American stock exchange.

Sometimes the stock of a foreign company is traded in the U.S. in the form
of American Depository Receipts (ADRs) not sponsored by the company. How
could that impose any obligation on it?

---

Dr.Dimitri Vulis KOTM
Brighton Beach Boardwalk BBS, Forest Hills, N.Y.: +1-718-261-2013, 14.4Kbps






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