Re: Fwd: Mega 890 is on the air...

[Aaron Read <aread@speakeasy.net>]

At 06:56 PM 5/29/2003, Laurence Glavin wrote:
> >DATE: Thu, 29 May 2003 18:51:24
> >From: Scott Fybush <scott@fybush.com>
> >To: bri@bostonradio.org
> >I was informed that the switch out of the Boston Talk >Party took place
> >tonight at 6, and that we'll now have an 890/1150 >simulcast
> >for a little while.
>
> >I wonder if either 890 listener noticed?
>
>The above is true;  I just sampled 890 (I was not
>an actual listener, just a radio geek.  Does Doug
>Stephan know about this?  That must be why "Chick Chat" moved to
>AM 1120.
>
>Laurence Glavin

I know I'm taking this brief thread in a wrenching-left-turn new direction, 
but something I've been brooding over this week...

A lot of AM stations were purchased for ridiculously high prices over the 
past few years, with a stinker like WALE going for $2.3 million just being 
the latest example.   The obvious reason is that people are betting that 
IBOC will drive up AM values even further, so paying "a lot" now is nothing 
compared to selling for "a WHOLE lot" when the audio quality shoots up 
thanks to IBOC.

Of course, now that the entire thing is on-hold thanks to the NRSC slamming 
the brakes on the standards process thanks to PAC sounding like dog squeeze 
on AM.  (http://www.eurekalert.org/pub_releases/2003-05/ns-arr052803.php - 
although I'm sure everyone here already knows all about)

So here's my thought exercise for everyone: will the value of these AM's 
plummet because IBOC is now on-hold indefinitely? (although most everyone 
is expecting the problems to be solved ASAP)    Will a lot of 
marginally-solvent buyers go under waiting for IBOC to come around?



--------------------------------------------------------------------------------------------
Aaron "Bishop" Read             aread@speakeasy.net
FriedBagels Consulting          AOL-IM: readaaron
http://www.friedbagels.com      Boston, MA