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Technology Stocks : Ascend Communications (ASND)

ASND 200.28

-1.0%

Dec 3 3:59 PM EST

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To: Tim Luke who wrote (34000)	2/9/1998 3:52:00 AM
From: Neil H	Read Replies (2) of 61433

Tim -OT I live in Dhahran,Saudi Arabia as I did during the Gulf war. Work for oil company. The reasoning for not taking out Saddam at the time were several, all of which made sense: 1. We went there to protect oil assets in the region and liberate Kuwait. This was achieved. We did not have coalition backing to destroy Iraq as a nation. 2. Taking out Saddam would have meant many more casualties, possible street fighting in cities, which could get ugly and costly. Remember we as a country were still not primed to take large number of casualties. 3. We would probably have had to be an occupying force to stabilize the country, which could have turned bad over time. 4. We have an interest in keeping Iraq somewhat strong to offset Iran, who is not our friend. We do not want to weaken Iraq too much. Iran, Kurds, Syria and others may take the opportunity to take territory. Neither Turkey, Iran or Iraq want to see Kurds have their own country as all have minority populations. In all, Bush had a huge victory and had achieved what was set out. Unknowns and potential costs of going all the way were not worth it politically at the time. Now back to Ascend. Neil

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