I consider it to be a significant piece of American history. I wouldn't dare try to apply any personal interpretation to its display.
Silver medalist David Moeller from Germany, when he came to a stop, and they showed the crowd, there was an old East German flag being waved. For Loch, also German, and the gold medal winner the flags were all the regular German/West German flag. This was on CTV, the Canadian network covering the Olympics. No link yet.
I have no idea what it means, but there it was.