Media/cable hook-ups

By CNNfn.com

NEW YORK (CNNfn) - When Wall Street's high-tech meltdown cools off, the big media companies are likely to go shopping for bargains. Even though it might be some time before it will be legally possible for a company like Disney or Viacom to merge with a cable firm, it's okay to take a peek at the possibilities.

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Leading Edge guest Paul La Monica, investment editor at Red Herring, talks about Disney-Yahoo! rumors that seem to surface every couple of weeks. La Monica added that from a strategic point, Comcast would be his top choice for Disney, "Down the road, Disney buying a cable company, specifically one with programming like Comcast, would make sense."

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