AIR AMERICA In Deep Financial Crisis
 

Story on Drudge says Air America is strapped for cash, and had less than they claimed when they started. Looks like maybe the check for Chicago did bounce.

http://www.drudgereport.com/flash8.htm

"Mark S. Holden" wrote:

Story on Drudge says Air America is strapped for cash, and had less than they claimed when they started. Looks like maybe the check for Chicago did bounce.

http://www.drudgereport.com/flash8.htm

As predicted by many, it was a doomed effort from the start.

I've no idea what Profit Stairs prediction may have been.

Steve
Holland, MI
Drake R7, R8 and R8B

http://www.iserv.net/~n8kdv/dxpage.htm

On Mon, 21 Jun 2004 14:09:32 -0400, dxAce
wrote:



"Mark S. Holden" wrote:

Story on Drudge says Air America is strapped for cash, and had less than they claimed when they started. Looks like maybe the check for Chicago did bounce.

http://www.drudgereport.com/flash8.htm

As predicted by many, it was a doomed effort from the start.

I've no idea what Profit Stairs prediction may have been.

Steve
Holland, MI
Drake R7, R8 and R8B

http://www.iserv.net/~n8kdv/dxpage.htm


Maybe we need a personality on Air America that abuses drugs and that
has been divorced a few times. You know - a real moral voice.
Someone that kids can look up to and can be entertaining at the same
time. Yea - that's it.

Oh - buy Grundig.

"Mark S. Holden" wrote in message
...
Story on Drudge says Air America is strapped for cash, and had less than
they claimed when they started. Looks like maybe the check for Chicago did
bounce.

http://www.drudgereport.com/flash8.htm


Actually, the check never had a chance to bounce. Arthur Liu at
Multicultural was told the check was stopped, so he shouldn't even bother
depositing it.

Matt Drudge has been taking a pointed interest in the Air America story,
possibly because some numbnut at Air America wrote the infamous "Liu-ser"
article ridiculing Drudge and Liu.



"The WALL STREET JOURNAL reports on Monday: Several employees say they still
haven't been reimbursed for the costs of attending the New York launch."
"Many of Air America's investors and executives say they thought the network
had raised more than $30 million, based on assurances from its owners,
Guam-based entrepreneurs Evan M. Cohen and Rex Sorensen."

"In fact, Air America had raised only $6 million, Mr. Cohen concedes"


What were the investors thinking about, just before the network started up?
Were they throwing their money into the Democratic party? The "Tyco
Birthday Party"?

"On March 30, the night before Air America went on the air, the liberal
radio network threw itself a $70,000 party at Manhattan's hip Maritime
Hotel."

This story isn't new but it does add some details to the known problems Air
America's management had. They announced a possible deal with new investors
over a month ago. I have no idea how that's going.

Air America may have been started up by incompetent businessmen, but they
have shown there's a market for that kind of radio. If they can't do it
right, somebody else will.

Frank Dresser

Frank Dresser wrote:

"Mark S. Holden" wrote in message
...
Story on Drudge says Air America is strapped for cash, and had less than
they claimed when they started. Looks like maybe the check for Chicago did
bounce.

http://www.drudgereport.com/flash8.htm

Actually, the check never had a chance to bounce. Arthur Liu at
Multicultural was told the check was stopped, so he shouldn't even bother
depositing it.

Matt Drudge has been taking a pointed interest in the Air America story,
possibly because some numbnut at Air America wrote the infamous "Liu-ser"
article ridiculing Drudge and Liu.

"The WALL STREET JOURNAL reports on Monday: Several employees say they still
haven't been reimbursed for the costs of attending the New York launch."
"Many of Air America's investors and executives say they thought the network
had raised more than $30 million, based on assurances from its owners,
Guam-based entrepreneurs Evan M. Cohen and Rex Sorensen."

"In fact, Air America had raised only $6 million, Mr. Cohen concedes"

What were the investors thinking about, just before the network started up?
Were they throwing their money into the Democratic party? The "Tyco
Birthday Party"?

"On March 30, the night before Air America went on the air, the liberal
radio network threw itself a $70,000 party at Manhattan's hip Maritime
Hotel."

This story isn't new but it does add some details to the known problems Air
America's management had. They announced a possible deal with new investors
over a month ago. I have no idea how that's going.

Air America may have been started up by incompetent businessmen, but they
have shown there's a market for that kind of radio. If they can't do it
right, somebody else will.

Hardly... if there was indeed a market, then they would not be in the financial
mess they appear to be in.

They'd be raking in the dough through advertising.

But they're not, are they?

Maybe they need to take lessons from Rush, Hannity, Boortz, etc..... now those
guys are making money.

Steve
Holland, MI
Drake R7, R8 and R8B

On 21 Jun 2004 18:22:12 -0500, Dan wrote:

On Mon, 21 Jun 2004 18:28:39 GMT, William EHart 2
wrote:

Maybe we need a personality on Air America that abuses drugs and that
has been divorced a few times. You know - a real moral voice.
Someone that kids can look up to and can be entertaining at the same
time. Yea - that's it.

But, I thought Clinton proved that morals don't matter. Your
personal life is no one's business, right? All that matters is what
you say and do in public, right?

Dan

Grundig S800, S650, S700, YB400, YB550PE
Degen DE1102, Kaito KA1102
Drake R8, Radio Shack DX-440
E. H. Scott 23 tube Imperial Allwave in Tasman cabinet (1936)

Morals don't matter. Dan - you're stupid. Clinton was impeached over
"morals". Don't suck all the dumservative crap down. It's turnin
your head brown.

William EHart 2 wrote ...


Maybe we need a personality on Air America that abuses drugs and that
has been divorced a few times. You know - a real moral voice.

Maybe they should book profit Stair a few hours a day. Not sure if
he's divorced, but his thing for "young sisters" would certainly make
him quite a *moral voice*.

Profit Stair's talent for fund-raising should have Air America out of
debt in no time.

Maybe he could sell tiny-tennas on Air America to go with the radios
he sold on WWCR.

In article ,
dxAce wrote:


Frank Dresser wrote:

"Mark S. Holden" wrote in message
...
Story on Drudge says Air America is strapped for cash, and had less than
they claimed when they started. Looks like maybe the check for Chicago did
bounce.

http://www.drudgereport.com/flash8.htm

Actually, the check never had a chance to bounce. Arthur Liu at
Multicultural was told the check was stopped, so he shouldn't even bother
depositing it.

Matt Drudge has been taking a pointed interest in the Air America story,
possibly because some numbnut at Air America wrote the infamous "Liu-ser"
article ridiculing Drudge and Liu.

"The WALL STREET JOURNAL reports on Monday: Several employees say they still
haven't been reimbursed for the costs of attending the New York launch."
"Many of Air America's investors and executives say they thought the network
had raised more than $30 million, based on assurances from its owners,
Guam-based entrepreneurs Evan M. Cohen and Rex Sorensen."

"In fact, Air America had raised only $6 million, Mr. Cohen concedes"

What were the investors thinking about, just before the network started up?
Were they throwing their money into the Democratic party? The "Tyco
Birthday Party"?

"On March 30, the night before Air America went on the air, the liberal
radio network threw itself a $70,000 party at Manhattan's hip Maritime
Hotel."

This story isn't new but it does add some details to the known problems Air
America's management had. They announced a possible deal with new investors
over a month ago. I have no idea how that's going.

Air America may have been started up by incompetent businessmen, but they
have shown there's a market for that kind of radio. If they can't do it
right, somebody else will.

Hardly... if there was indeed a market, then they would not be in the financial
mess they appear to be in.

They'd be raking in the dough through advertising.

But they're not, are they?

Maybe they need to take lessons from Rush, Hannity, Boortz, etc..... now those
guys are making money.


It seems that Fox was $150 million in the red for the first 2 years
of operation. You can't expect them to be turning a profit
in the first 2 months of operation.


--
Al Dykes
-----------
adykes at p a n i x . c o m

dxAce wrote ...

Maybe they need to take lessons from Rush, Hannity, Boortz, etc..... now those
guys are making money.

http://www.boortz.com/ - Good audio clip library - don't miss the
"Boo Gah Shah" one.