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Neil wrote: Explain 1550 then, John. The "new" KFRC towers are adjacent to 101, in the shadow of the Oracle Campus, right near where Belmont, Redwood Shores and San Mateo all meet. That seems like it would be some prime real estate. Hell a big Mercedes dealershipship built their showroom right next to that parcel. Having done work at that site, I can tell you that it frequently floods, it smells, and it is noisy as hell. That property would need a heluva lot of love before you built anything there that might attract people. Given that land's value and the pitiful ratings that 1550 gets with the True Oldies Channel and the occasional overflow sports game, I have to suspect that station would be worth more to CBS as real estate than as a going concern. That may be, but in my experience CBS only sells off properties that have nice bottom lines (e.g. KBAY/KEZR). It has a "San Francisco" city of license; how could they possibly let it go? -- John Higdon +1 408 ANdrews 6-4400 AT&T-Free At Last |
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