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Stocks V / Viacom, Inc.


Subject:  Never say never? Date:  1/30/2002  4:58 AM
Author:  Inductive Number:  161 of 312

I hope Mel stays on. If he leaves, the market will sell the stock off, big time. I hope Redstone is smart enough to know that, but you never can tell with egomaniacs. --reasonable10

I agree with you. However, some sources are telling me that it is a pretty much foregone conclusion that Mel will exit when his contract expires. Granted, many things can change the dynamics between now and next year, but for the moment, it does seem that Mel K. will leave.

In other indirectly related news . . .

" tops quarter's goals" "Financial news firm posts first cash-flow-positive quarter" By Bambi Francisco, Last Update: 5:15 PM ET Jan. 29, 2002

"SAN FRANCISCO (CBS.MW) -- reported Tuesday that its fourth-quarter net loss narrowed as continued cost-cutting helped the company achieve its first cash-flow-positive quarter."

". . . . CBS parent Viacom (VIAB: news, chart, profile) and Pearson PLC (PSO: news, chart, profile), which publishes the Financial Times and other publications, own significant stakes in the financial-news media company. is the publisher of this report."

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