As Weedpacket said you need to put the echo statement inside the loop. Otherwise the loop will run and than you'll post only the last row of the loop because the echo statement isn't in the loop.
The code should look like this:
<table cellpadding="0" cellspacing="0" cellpadding="0" border="0" class="megatable"><tr><th>Call Letters</th><th>Station ID</th><th>Phone</th><th>MD</th><th>PD</th><th>Format</th><th>Level</th><th>City</th><th>Province</th><th>Notes</th></tr>
<?php
$color1 = "#CCFFCC";
$color2 = "#CEC5A6";
$row_count = 0;
$result =mysql_query( "select r.*,f.format,m.md_name, p.city, p.state_province from station r,format f,md m, postal p where r.format_id = f.format_id and r.md_id = m.md_id and r.postal_id = p.postal_id");
if (!$result) { echo("<p>Error performing query: " . mysql_error() . "</p>"); exit(); }
while ($row = mysql_fetch_array($result))
{
$callabcs = $row["call_letters"];
$station = $row["station_name"];
$link = $row["station_website"];
$phone = $row["station_phone"];
$md = $row["md_name"];
$pd = $row["pd_name"];
$format = $row["format"];
$level = $row["level"];
$city = $row["city"];
$local = $row["state_province"];
$notes = $row["additional_notes"];
$row_color = ($row_count % 2) ? $color1 : $color2;
echo "<tr><td bgcolor=\"$row_color\" id=\"hundo\">$callabcs</td><td bgcolor=\"$row_color\" id=\"hundo\"><a href=\"$link\">$station</a></td><td bgcolor=\"$row_color\" id=\"hundo\">$phone</td><td bgcolor=\"$row_color\" id=\"hundo\">$md</td><td bgcolor=\"$row_color\" id=\"hundo\">$pd</td><td bgcolor=\"$row_color\" id=\"hundo\">$format</td><td bgcolor=\"$row_color\" id=\"level\">$level</td><td bgcolor=\"$row_color\" id=\"hundo\">$city</td><td bgcolor=\"$row_color\" id=\"hundo\">$local</td><td bgcolor=\"$row_color\" id=\"hundofity\">$notes</td></tr>";
$row_count++;
}
?>
</table>
And to make it even better you can use a for statement instead of a while statement to count the amount of rows outputted. This makes the code easier readable and smaller with the same functionality:
for($row_count = 0; $row = mysql_fetch_array($result); $row_count++)