FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL
x	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).		OMB Number:                 3235-0287 Expires:                  January 31, 2005 Estimated average burden hours per response.......................0.5
(Print or Type Responses)

1. Name and Address of Reporting Person*   Watson                          Bernard                            C.	2. Issuer Name and Ticker or Trading Symbol         Comcast Corporation: CMCSA and CMCSK						6. Relationship of Reporting Person(s) to Issuer     (Check all applicable)      x Director                  o 10% Owner      o Officer                     o Other (specify below)         (give title below)
(Last)                            (First)                         (Middle)   473 Copper Beech Circle	3. I.R.S. Identification     Number of Reporting     Person, if an entity     (Voluntary)			4. Statement for     Month/Day/Year     November 18, 2002
(Street)   Elkins                              PA                             19027				5. If Amendment, Date of     Original (Month/Day/Year)			7. Individual or Joint/Group Filing     (Check Applicable Line)      x Form filed by One Reporting Person      o Form filed by More than One Reporting Person
(City)                           (State)                           (Zip)	Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security     (Instr. 3)	2. Trans-     action     Date     (Month/     Day/     Year)	2A. Deemed        Execution        Date, if any        (Month/        Day/        Year)	3. Trans-     action     Code     (Instr. 8)		4. Securities Acquired (A)     or Disposed of (D)     (Instr. 3, 4 and 5)			5. Amount of     Securities     Beneficially     Owned     Following     Reported     Transaction(s)     (Instr. 3 and 4)	6. Owner-     ship     Form:     Direct     (D) or     Indirect     (I)     (Instr. 4)	7. Nature of     Indirect     Beneficial     Owner-     ship     (Instr. 4)
			Code	V	Amount	(A)  or (D)	Price

Reminder:		Report on a separate line for each class of securities beneficially owned directly or indirectly.
*		If the form is filed by more than one reporting person, see Instruction 4(b)(v).
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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FORM 4 (continued)

Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative     Security     (Instr. 3)

2. Conver-     sion or     Exercise     Price of     Deri-     vative     Security

3. Trans-     action     Date     (Month/     Day/     Year)

3A. Deemed        Execution        Date, if        any        (Month/        Day/        Year)

4. Trans-     action     Code     (Instr. 8)

5. Number of Deriv-     ative Securities     Acquired (A) or     Disposed of (D)     (Instr. 3, 4 and 5)

6. Date Exercisable     and Expiration     Date     (Month/Day/Year)

7. Title and Amount of     Underlying Securities     (Instr. 3 and 4)

8. Price     of     Deriv-     ative     Security     (Instr.     5)

9. Number     of Deriv-     ative     Securities     Bene-     ficially     Owned     Following     Reported     Trans-     action(s)     (Instr. 4)

10. Owner-       ship       Form of       Deriv-       ative       Securities       Direct       (D) or       Indirect       (I)       (Instr. 4)

11. Nature       of       Indirect       Benefi-       cial       Owner-       ship       (Instr. 4)

Code

V

(A)

(D)(1)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares (1)

Option to Purchase Class A Special Common Stock

$15.6563

11/18/02

D

10,800

Immediately

2/01/2003

Class A Special Common Stock

10,800

(1)

0

D

Option to Purchase Class A Special Common Stock

$33.9922

11/18/02

D

10,800

Immediately

2/01/2004

Class A Special Common Stock

10,800

(1)

0

D

Option to Purchase Class A Special Common Stock

$46.0000

11/18/02

D

5,400

Immediately

2/01/2005

Class A Special Common Stock

5,400

(1)

0

D

Option to Purchase Class A Special Common Stock

$42.8125

11/18/02

D

5,400

Immediately

2/01/2006

Class A Special Common Stock

5,400

(1)

0

D

Option to Purchase Class A Special Common Stock

$35.5300

11/18/02

D

5,400

Immediately

2/01/2007

Class A Special Common Stock

5,400

(1)

0

D

Explanation of Responses:

(1)

Pursuant to the merger agreement among the Issuer, AT&T Comcast Corporation (to be named Comcast Corporation, "Parent") and others, the Issuer will become a wholly-owned subsidiary of Parent (the "Merger") and will cease to have registered securities. As a result of the Merger, the Reporting Person will receive securities of Parent in exchange for his Issuer securities. The Reporting Person will not be a Reporting Person with respect to Parent.

 

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/s/ Bernard C. Watson		November 18, 2002
** Signature of Reporting Person		Date
Bernard C. Watson

 

**		Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:		File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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