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Here's a url for that story:

http://abclocal.go.com/wabc/news/wabc_010305_altimeterwatchwarning.html

"Homeland Security Warning: Could a Watch become a Weapon?"
By Eyewitness News' Jim Dolan

ARTICLE SNIPPET: "(New York -WABC, January 3, 2005) — There is an intelligence bulletin just out about a type of watch that could be used as a terror weapon. Eyewitness News reporter Jim Dolan reports. Al Qaeda has proven over the years to be a patient and deadly enemy to the United States, and one that adapts to every move to stop them. Now comes word that Al Qaeda is taking a page from one of the most notorious attacks ever against the west to create even more carnage. According to U.S. intelligence sources, Al Qaeda is trying to obtain watches with a hidden butane lighter and watches with an altimeter built in, that together would be used to bring down commercial airliners.

Pan Am Flight 103 was brought down over Lockerbie, Scotland with a bomb that used an altimeter device to set it off. Al Qaeda, according to intelligence sources, is adapting that technology and trying to combine it with the butane releasing watches that are designed to be used as cigarette lighters.

Altimeter watches show how many feet above sea level a plane is. They are inexpensive, though they are not considered terribly accurate. In Pan Am Flight 103, the bomb was set to go off when the altimeter indicated the plane had reached a certain height."