The H1 and ZEUS collaborations have recently reported a significant excess of
events at high Q2 in positron-proton collisions. While there exists
insufficient data to conclusively determine the origin of this excess, one
possibility is that it is due to a new leptoquark at mass scale around 200 GeV.
We examine the type of leptoquark states that exist in superstring derived
standard-like models, and show that, while these models may contain the
standard leptoquark states which exist in Grand Unified Theories, they also
generically contain new and exotic leptoquark states with fractional lepton
number, ±1/2. In contrast to the traditional GUT-type leptoquark states,
the couplings of the exotic leptoquarks to the Standard Model states are
generated after the breaking of U(1)B−L. This important feature of the
exotic leptoquark states may result in local discrete symmetries which forbid
some of the undesired leptoquark couplings. We examine these couplings in
several models and study the phenomenological implications. The flavor
symmetries of the superstring models are found to naturally suppress leptoquark
flavor changing processes.Comment: 28 pages. Standard Latex. Final version to appear in Nuclear Physics
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