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Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?


To: capitalistbeatnik who wrote (2341)3/7/1999 7:42:00 PM
From: Gary M. Reed  Read Replies (3) | Respond to of 17683
 
I would gladly pay $13.95 per month for such a channel. It would be subscriber-driven, instead of advertising-driven.

The serious market players get turned off watching all of the buy-sell-hold call-in segments where people ask about the "Me Too" stocks. But CNBC has to air stuff like that to keep Joe Sixpack tuned in. If Ma and Pa don't hear CPQ, DELL and T (just examples) mentioned once an hour, they get bored and change the channel to Oprah. Scratch the call-in segments, axe the general news and weather updates, ace the hokey Power Lunch and use the saved time to profile which industry segments are strong and/or weak. Have more CEO interviews. More interviews with market technicians and analysts. Cover news on stocks that fall through the cracks on the current CNBC format. Let's face it, if a stock has a market cap of less than $10 billion or hasn't doubled in the last week, you don't have a prayer of hearing about that stock.

The current CNBC could be like one big Power Lunch all day long, whereas the pay per view version of CNBC would be like an eight-hour version of Squawk Box. Only $13.95 per month to get a high-protein diet of financial news on TV? Where do I sign?

On a somewhat related note, Weekend Squawk is an excellent show. Good stuff to watch after you've digested the new Barrons, I watch it to get my trading strategy tuned up for the following week. Squawk is even more enjoyable to watch when you're not trying to get geared up for the market opening. If anyone from CNBC reads this thread, thumbs up on the weekend Squawk Box!