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To: Bill Harmond who wrote (110900)	10/22/2000 12:32:40 PM
From: Eric Wells	Respond to of 164684

That's been the case since before Oracle, Intel, Cisco and Microsoft came public! William - this is true, but I'm not sure what point you are trying to make in writing this. Perhaps, you are trying to say that "because there hasn't been peace in the Middle East since 1948, then what's happening there now won't really have much impact on international stability, oil prices or the markets." If you are making this statement, I disagree. While the Arab summit ended this weekend without a formal breaking of ties between Arab nations and Israel, I would not yet jump to the conclusion that things are stable. Three Arab nations - Syria, Iraq and Libya - advocate war with Israel. And if you've read the news this weekend, you will notice that there has been continued fighting between Palestinians and Israelis. I would caution you not to discount the situation there as irrelevant. Thanks, -Eric