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 (4583)	1/28/2003 11:06:35 AM
From: John M Connolly	of 4613

Morning larry: Sorry for the delay in getting back to you, and I appreciate your comments. an interesting perspective you have, especially regarding the bonds. I agree that the utility sector is doing very well, gas sector and the gasoline providers with rising prices and the clouds of war. I have a play in the increasing gasoline costs, but I think that I missed the rise in natural gas - a lot is going to depend on what happens in Iraq. I am still holding my Viacom - even though this battle between MK and Redstone, is utter stupidity. If by chance Mk does leave, I expect lawsuits to fly, either class action or directed at the directors and Redstone for lack of fiducuary duty. Redstone controls the company by owning about 8% - I do not see that holding up, against the fact that he is not acting in the best interests of the shareholders. Board meets tomorrow Wednesday - I would think news by the end of the week. thanks again for you thoughts - would you sell viacom at $40 or hold? John

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