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I see that this bit of good cheer had not been posted here. Doesn't seem like many investors and other Foolsters have invested in or have an interest in owning much of the entertainment sector these days. IMO Viacom is one of the companies on the leading edge of what will be an entertainment revolution!

With more people staying close to home and buying TV and stereo gadgets from retailers like BBY and Circuit City and so on, cable and PCs and other gadgets will become even more ingrained in the American way of life -- as will be the necessity to work to protect our homeland with a much greater intensity of awareness and effort.

Good luck to all Fools and the best of (continued) success to all those people who help make entertaining America, and the rest of much of the world, a reality.

"Market Report -- Short Stories (MGM, DIS, VIA)" January 18, 2002 11:59:00 AM ET

"CIBC on Entertainment: -- Before Open -- CIBC Wrld Mkts initiates coverage on the U.S. entertainment industry. Firm thinks the group is poised for a further cyclical bounce in 2002 as the U.S. economy begins to recover in 2H02 and into 2003. Initiates on Viacom (VIA) with a Strong Buy as it is top pick and the best way to play the expected ad recovery. . . ."
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