Yea completely out seems like the board flexes it comes back to normalCould possibly be either a worn out channel selector, a poorly seated ribbon cable, or a cold solder joint somewhere in the PLL. Good places to start looking at least!
Does it lose both LEDs in the channel display ? If so it could also be an issue with the power feeding the PLL.
This is how I fixed a Realistic TRC-449 in 2021. No RX/TX, but poking around the damn thing sprung to life. The cold solder joint was hard to see, but after adding a bit of solder to that area, its been great since.Pull the covers, fire up the radio and use something non conductive to press gently but firmly around on the board, I use a pencil, eraser end.
Flexing the board may reveal a cold /cracked solder joint.
Good bright light and some magnifying glasses help.
I hate intermittent issues like this.....
73
Jeff