VIAB (Viacom Class B shares) formerly CBS Message Board

To: Larry S. who wrote (4579)	12/4/2002 5:22:53 PM
From: John M Connolly	of 4612

Hi Larry: I cannot see it happening. the AOl section is such a drag on the combined company. The TWX section is a good company, and the movie division is great, as is the HBO franchise. But management is in such a mess, it is a risk that VIA does not need to take to be successful. The CNN division is loosing out to FOXon every level - I say NO. Look to Via to expand in Europe and the Far East, less capitalisation better returns. I look to VIA being in the $60 range in the 1st qtr. Regarding AOL, look to Case being thrown out in the near future, he is the master of this disaster. Look to Turner to become more involved, and Peasrson will align himself with Turner. Bottom line: Viacom is the stock to own going forward in the next 24 months. John