Lead: In the May 1942 Battle of the Coral Sea, Allied naval forces halted the Japanese southern advance on New Guinea and Australia, but not without severe losses, including that of the Lady Lex. Intro.: A Moment in Time with Dan Roberts. Content: One of the great disappointments to the Japanese after Pearl Harbor was that the surprise attack failed to catch the aircraft carriers, Enterprise, Lexington, and Saratoga, which were at sea. This failure would return to bite them badly in the Coral Sea six months later, yet in the heady days following the initial success in late 1941 Tokyo decided to expand its ambitions by moving south toward Australia. The most immediate target was Port Moseby in southeastern Papua New Guinea. Loading... Taking too long? Reload document | Open in new tab Download [71.22 KB] Share