I'll save you time. Licensed factory in Europe, making Chinese beepers, was compromised or owned by Israel. They then put explosives in the pagers and set them to explode when paged a certain code.
They knew hezbollah was the purchaser, and would disperse them amongst its members.
I think its stupid unless it stopped some imminent horrible attack. Otherwise, Israel has given themselves away, and only killed 8 people for it. Maybe they had trouble rigging them to steal their communications.