C.Y.A.?

Lemme see if I've gotten this right:

"U.S. officials have obtained new intelligence deemed highly credible indicating that al-Qaeda or other terrorists are in the United States and preparing to launch a major attack this summer, The Associated Press has learned.

The intelligence does not include a time, place or method of attack but is among the most disturbing recieved by the government since the attacks of Sept. 11, 2001...

Of most concern, the official said, is that terrorists may possess and use a chemical, biological or radiological weapon that could cause more damage and casualties than a conventional bomb...

Despite the concern, the official said there was no immediate plan to raise the nation's terrorism threat from yellow (elevated) to orange (high)."

Okay, somebody somewhere has some sort of weapon that might be used to hurt someone and we're kinda concerned about it, but not really enough to do anything official.

Am I misreading this?