[BC] WAVM 91.7 Maynard, MA

[Tom Taggart]

Jerry:

RE: Auctions

Go to Radio and Records' web site and look at transactions:

http://www.radioandrecords.com/NewsRoom/2005_10_21/Transactions.asp

$1.3 million for 14 construction permits for Class A's bought in the  
recent auction sold by "World Radio Link" to some Christian fellowship  
with money to burn.

"World Radio Link" is the same group of folks who dumped those 4,000 plus  
translator applications in the hopper a couple of years ago; they've sold  
at least $800,000 in translator c.p.'s to various folks.

(Buying a translator CP? Akin to buying pork belly futures... but I  
digress)

Programming and public service to the community is irrelevant, radio  
stations are just a bunch of poker chips to be bought and sold by the  
speculators.

BTW, I'm driving over to Morgantown in the rain today.  Apparently the WV  
branch of the American Cancer Society is giving our station an award for  
being best statewide in promoting the "relay for Life" fundraisers this  
year.

It' not my fault, I didn't betray the industry.  My sales manager and  
office manager deserve the blame. (Of course, we sold some of the remote  
broadcasts promoting those fundraisers, greedy capitalists that we are).   
But I couldn't convince them to accept the blame for all their work and go  
collect the award, even though the ACS offered to put them up overnight  
after the ceremony.  And my partner and GM is a band parent--football  
night!  So I have to go, traitor to the business that I am.