[BC] FM Auction # 79

[Broadcast List USER]

I think you are being very generous.

There are two FM stations in Virginia, within commuting distance from  
Washington, DC (but beyond their Class A reach) that every three  
years sell for $300,000.  The new owner throws another $300,000 into  
them, then sell them three years later for $300,000.  In other words,  
people are renting them for $300k, losing their shirts, and passing  
the baton.

This has been going on since the "RA RA" 80s.

I can set you up for a fairly large referral fee!

--chip

On Mar 8, 2009, at 1:20 AM, broadcast-request at radiolists.net wrote:

> Message: 1
> From: Douglas Pritchett <radiofool at gmail.com>
>
> It's my understanding that PT Barnum has something to do with these  
> auctions.
> Seriously, when you consider the depressed state of the economy, many
> small, stations can now be had for what an allocation in the auction
> might cost.
> -- 
> Douglas B. Pritchett
> radiofool at gmail.com
>
>> On Fri, Mar 6, 2009 at 3:26 PM, Dana Puopolo <dpuopolo at usa.net>  
>> wrote:
>>
>>> I have no idea what drugs the FCC people take-but they MUST be  
>>> good! Have
>>> you
>>> seen some of the prices here?