CNBC -- critique. Message Board

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Pastimes : CNBC -- critique.

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To: Thomas M. who wrote (870)	4/7/1998 7:21:00 PM
From: Thomas G. Busillo	Read Replies (1) of 17683

Thomas, I didn't watch the special (it was more efficient for me to just close my eyes and imagine what it would be like, which based on my expectations of its value-added content took all of 6 seconds), but I certainly hope it included the following: 1) A discussion of the relationship between CNBC and Dow Jones 2) A discussion of Dow Jones' financial interest in propagating interest in the Dow Jones Industrial Index, one of many market indexes used by traders and investors. 3) A discussion of the ongoing efforts of Dow Jones to extract fees from quote providers for use of the "Dow Jones Index" as calculated by Dow Jones, including a look at whether the claims that the DJX should only be calculated by Dow Jones have merit. 5) A discussion of the current relevancy or irrelevancy of the DJX, considering both changes in the U.S. economy and the markets. 6) A discussion of the media's role in fueling the current market mania, with particular emphasis on the potential dangers of having media power concentrated in a handful of large publicly traded MNC's. Good trading, Tom

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