VIAB (Viacom Class B shares) formerly CBS Message Board

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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS

VIA 53.43

+0.3%

Oct 31 9:30 AM EST

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To: Larry S. who wrote (4572)	10/7/2002 8:28:48 AM
From: John M Connolly	Read Replies (1) of 4613

Morning Larry: I do not know what to think of the cable industry at the moment. I was completely wrong and did not see the whole industry implode due to debt and scandal. Presently, I would stay clear as all the recent news is negative and it is going to take a lot of time to recover. Now is the time to stick to companies with profits and cash flow. Viacom has done well IMO to have held up se well, and if the recent news is correct there is improvements ahead in the 3rd and 4th QTRS. OFF TOPIC: I met a guy last week, who was down 95% on his retirement account and he was just about to retire. He has literally been wiped out. Scary Times we live in! John

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