<p>Rice has long managed its assets extraordinarily well, and usually beats out their peers on endowment performance and other financial matters. This radio frequency is not a commercial frequency and as such would never garner more than what Rice ultimately negotiated. Rice is prudent and does thorough due diligence regarding finances and would never sell an asset for 62% less than its true worth. It would have obtained at least 3 independent valuations before determining market value. Rice students and alumni are far too intelligent to throw out these crazy statements. Do your research! Do your homework. Know what you are talking about. KTRU continues. Student DJs and student programming continue. Make the online KTRU extraordinary. Be innovative. Start an internet streaming phenomenon. YouTube sure has–it’s even launched highly successful careers from 3-minute segments. Show how brilliant Rice students are. Grab onto the new and quit clutching onto the old. Houston is a city of 4.5 million, and KTRU reached about 20,000 on the radio (less than 1/2 of 1 percent). Its global reach, that so many clamor about, is from its online streaming, not from a 50,000 watt station which many inside the loop had trouble receiving since the tower is in Humble. And truthfully, in a city of 4.5 million, 500 signers doesn’t even register on any type of scale. It is .0001%. Let the proceeds be used to benefit the whole student body, and make KTRU online the prototype that others want to emulate.</p>