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Technology Stocks : Phoenix Media Group (PXMG)
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To: Dayuhan who wrote (11)6/5/1998 1:46:00 PM
From: Fred Cooper  Read Replies (1) of 14
 
Phoenix Media Revenue
Steven, Last year Phoenix Media grossed just under $220,000.00 from sales. They expect to surpass that figure this year.
KSWD was off the air and broke when they made their offer, which was why they were able to get the station at such a reasonable price. The facilities were in place and the licence was valid. KSWD is on the air now and they expect significant revenue very near term. Next year KSWD should be very profitable.
If any other questions come up please ask and I will try and help.
Fred
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