The political disturbances in South Korea, where increasingly widespread street demonstrations against the government moved Prime Minister Lee Han Key to state last week that the country was plunging toward "social chaos," are becoming more and more troubling to all those with a stake in the 1988 Olympics, scheduled for Seoul. Lee warned that "extraordinary measures" were inevitable if the unrest continued, which brings to memory the ugly scene in Mexico City just before the 1968 Games, when government soldiers fired on demonstrating students and killed scores of them. Those Olympics went on relatively calmly, but at a painful price.
There are reports that both West Berlin and Los Angeles are willing to serve as backup sites for the '88 Games. It might be a good idea for the IOC to have such a site on call.
BEARS DOWN CELTICS
Boston Celtics stock, which went on the market last December for $18.50 per share, settled in at around 18?, but the day after the Celtics lost the final game of the NBA championship series to the Lakers, the stock plunged more than 5 points, to 13? a drop of about 33%. Joseph DiLorenzo, the Celtics' vice-president for finance, said there was no relation between the trading price and the Celtics' performance but added, "There should have been, because we played more games, which meant more money."
A spokesman for the investment firm of Smith Barney, who insisted on anonymity (after all, the man lives in Boston), told The Boston Globe that the stock was probably overpriced when it was introduced.
Nobody begrudges hardworking college sports officials pleasant settings for their meetings, but as Kenny Hand, a columnist for the Houston Chronicle, points out, many of them scheduled official get-togethers this year in curious—though very pleasant—spots. For example:
?Lacrosse—Monterey, Calif., some 3,000 miles from the East Coast, the heartland of the sport.
?Ice hockey—San Diego, although California has no NCAA college hockey teams.