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To: Eric Wells who wrote (110892)	10/21/2000 12:54:58 AM
From: Bill Harmond	Read Replies (2) \| Respond to of 164684

>> but peace certainly isn't imminent either. That's been the case since before Oracle, Intel, Cisco and Microsoft came public!

To: Eric Wells who wrote (110892)	10/22/2000 4:54:19 PM
From: GST	Respond to of 164684

Eric "I hope I'm wrong' -- I think we are all with you on that one. Make no mistake, oil is at the heart of all of this. Like it or not, we need Arab oil -- a fact not lost on the Arab world. The process of escalation can too easily become like a fire burning out of control. We should be worried about it. Things happen in close proximity in that part of the world. The pro-west governments are not as secure as we might wish, and the anti-west governments are not known for their restraint. Oil and stones are a powerful cocktail. Israel needs public good public opinion -- and firing on kids is not the way to build support amongst the American public. We live in a world of tactical nuclear weapons, biological weapons, and a world in which terrorism is far from contained. And a world in which we are economically at the mercy of events in the Arab world. The news coming out of the middle east suggests that the death of the peace process will go down as one of the most expensive foreign policy blunders since Vietnam. The only bright spot is that war in the ME is now unlikely to lead to global nuclear war.