Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SMITH LAWRENCE S
   2. Issuer Name and Ticker or Trading Symbol
COMCAST CORP [CMCSA] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP & Co-CFO
(Last)
(First)
(Middle)
COMCAST CORPORATION, 1500 MARKET STREET		 3. Date of Earliest Transaction (Month/Day/Year)
11/02/2006
(Street)

PHILADELPHIA, PA 19102		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ 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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Special Common Stock 10/31/2006   G V 25,000 D $ 0 100,332.818 D  
Class A Special Common Stock (1) 11/02/2006   M   42,000 A $ 9.1875 142,332.818 D  
Class A Special Common Stock (1) 11/02/2006   M   34,098 A $ 14.9375 176,430.818 D  
Class A Special Common Stock (2) 11/02/2006   F   68,598 D $ 40 107,832.818 D  

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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. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative 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 Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase (3) $ 14.9375 03/23/2006   G V   7,902   (4) 01/09/2008 Class A Special Common Stock 7,902 $ 0 34,098 D  
Option to Purchase (3) $ 32.8437 08/18/2006   G V   19,206 05/01/2009 05/01/2009 Class A Special Common Stock 19,206 $ 0 80,794 D  
Option to Purchase (3) $ 37.5625 08/18/2006   G V   13,461 06/01/2010 06/01/2010 Class A Special Common Stock 13,461 $ 0 786,539 D  
Option to Purchase (3) $ 9.1875 11/02/2006   M     42,000   (4) 02/05/2007 Class A Special Common Stock 42,000 $ 0 0 D  
Option to Purchase (3) $ 14.9375 11/02/2006   M     34,098   (4) 01/09/2008 Class A Special Common Stock 34,098 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SMITH LAWRENCE S
COMCAST CORPORATION
1500 MARKET STREET
PHILADELPHIA, PA 19102		       EVP & Co-CFO  

Signatures

 /s/ Smith, Lawrence S.   11/06/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Shares acquired upon exercise of options.
(2) Shares delivered for payment of option exercise price and tax liability.
(3) This is an option to purchase Class A Special Common Stock.
(4) This option is immediately exercisable.

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