| An SI Board Since May 1998 |
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Bans |
Symbol |
| 8 |
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RADO |
| Emcee:
Elliot
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Type:
Unmoderated
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Alliance Broadcating Group, Inc. is a holding company with interests in radio broadcasting properties in various markets. Concentration is in the southeast U.S., with the majority of acquistions in Florida.
Alliance targets under-achieved, under-equipped, under engineered stations and attempts to turn them around. Alliance's primary investment objective is to derive capital appreciation and cash flow profits from the operation, sale or refinancing of its radio stations. The company will seek to acquire stations which it believes have a strong potential for capital appreciation, or the ability to produce a predictable, increasing cash flow.
The stock trades under the symbol RADO on the NASDAQ BB. The 52 week range is 1/4 to 6 3/4. The stock currently trades in the range of 3/4 to 1 1/8.
Here is a roster of Alliance's stations:
WLUS-AM Gainseville, FL Stardust Format Company Owned
WDJY-FM Trenton, FL Country Format Company Owned
WQSA-AM Sarasota, FL SportsTalk Company Owned
Seven other stations under contract.
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