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XXXXX DRUDGE REPORT XXXXX THU OCT 28, 2004 10:44:01 ET XXXXX

CIA, FBI AUTHENTICATE NEW QAEDA TERROR TAPE; ABCNEWS EXECUTIVES CONSIDER POLITICAL IMPLICATIONS OF AIRING

**Exclusive**

The CIA and FBI late Wednesday authenticated a disturbing new al Qaeda videotape which warns the next terror attack will dwarf 9/11.

"The streets will run with blood," and "America will mourn in silence" because they will be unable to count the number of the dead, a man claims on the video.

Further claims on the video: America has brought this on itself for electing George Bush who has made war on Islam by destroying the Taliban and making war on Al Qaeda.

ABCNEWS obtained the tape from a source in Waziristan, Pakistan over the weekend. The network has withheld airing it, initially citing concerns over its authenticity.

One senior federal official alleged ABCNEWS is now holding back from broadcasting any portion of the video out of fear it will be seen as a political move by the network during election week.

One ABC source, who demanded anonymity, said Thursday morning, the network was struggling to find a correct journalistic "balance."

"This is not something you just throw out there while people are voting," the ABC source explained.

A second ABC source told DRUDGE: "We continue to report this story aggressively."

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The terrorist's face is concealed by a headdress, and he speaks in an American accent, making it difficult to identify the individual.

The tape appears to be from al-Qaeda's media liaison organization. It has a banner crediting the Sahab Production Committee. The speaker refers to Bin Ladin and Zawahiri as "our leaders" and praises the 11 September attacks.

Intelligence officials believe:

Videotape message likely produced in late summer '04 due to references to current events such as the 9/11 Commission.

Individual is college educated, either American born or raised in the U.S.

The U.S. is actively seeking to identify the individual. Adam Gadhan - aka Adam Pearlman of Southern California - remains the chief candidate but another still unknown individual may be possible.

Pearlman was highlighted by the FBI in May as an individual most likely to be involved in or have knowledge of the next al Qaeda attacks.

US intelligence officials say the danger is that if this individual is an American citizen, he will be immersed in the culture and customs and have the ability to travel in America freely and unnoticed.

Developing...