Re: Fwd: A Scam at WALE?

[SteveOrdinetz <steveord@xtdl.com>]

At 08:50 AM 8/12/98 +0000, Dan Strassberg wrote:

>>
>I have little doubt that WALE is at the bottom of the barrel in
>listenership. But the owner (I think his name is Battaglia) just purchased a
>50 kW station in the Phoenix market for a substantial sum. (KCCF Cave Creek,
>50 kW-D/1 kW-N DA-N. If memory serves, KCCF changed hands for about $3
>million.) 

For a 50 kW station near a major market, $3 million is dirt cheap.  How
much did ARS pay for 1150?  About twice that as I recall.  And this was a
station LICENSED to Boston, not some rimshotter with a weird pattern that
mostly serves fish or cactus.

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End of boston-radio-interest-digest V2 #153
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