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The Los Angeles Times from Los Angeles, California • 99

Location:
Los Angeles, California
Issue Date:
Page:
99
Extracted Article Text (OCR)

ORANGE COUNTY fios Angelee (Slimes 6 Part IVTuesday, November 10, 1987 San Diego Company Buys Fullerton Newspaper EMPLOYERS: Companies Trained for War on Drugs From a Times Staff Writer The Fullerton News Tribune-Orange County's oldest continuously published daily newspaper until it went weekly in 1985 has been sold to a San Diego company as part of a deal that included the sale of 23 other weeklies owned by Scripps-Howard Newspapers. Neither the buyer, Community Media Enterprises, nor Cincinnati-based Scripps-Howard would divulge the sale price. But one informed industry source said the newspapers, all of which are located in the Los Angeles basin, are worth about $15 million. Community Media also re Community Media was formed in January by a group headed by Richard Trent, 41, who resigned as publisher of California magazine to start the venture. Though the Scripps-Howard purchase was the company's first acquisition, Community Media plans to make at least two more purchases during the next year, Trent said.

In 1982-85, Trent was president of Harte-Hanks Communications operations in San Diego and publisher of the Chula Vista Star-News, then a Harte-Hanks ceived a printing press in South Gate as part of the deal. With a circulation of 42,000, the News Tribune is the largest of the 24 free-distribution weekly newspapers that Community Media bought. The papers have a combined circulation of 424,000. The Fullerton paper began publication as the Fullerton Tribune on April 6, 1891, and later became the Daily News Tribune. In January 1985, it changed its name to the Fullerton News Tribune and began a new life as a weekly, with a severely trimmed staff and DISCOVER AST Premium286'" AT FORBES COMPUTER GROUP Continued from Page 4 agement's advisory board, as is Sheriff Gates.

Gates, who has tried to rally the business community to join a war on drugs, held a luncheon last month with executives of many of Orange County's largest businesses to discuss the problem. He said during that meeting that 4,512 pounds of cocaine with an estimated street value of $240 million have been confiscated in Orange County since January, and he called for a comprehensive education plan to combat drug use. No Leader But, Gates, who once threatened to publicize the names of prominent businessmen who refused to join his campaign against alcohol and substance abuse, has failed to find an executive willing to head the drive. And of the 110 executives invited to the lunch, only 70 attended. One executive who did attend said that his company had no drug policy but that it was planning to adopt one after hearing Gates' estimates that 14 to 30 of the employees at any given company may be abusing drugs while on the job.

Gates urged businesses to do more to make sure their offices and factories are free of drugs, and he distributed a fact sheet written by Situation Management that offered companies advice on developing a drug policy. Gates said he does not consider it a conflict of interest to sit on Situation Management's board. And Hunter said that Gates isn't paid for his work on the board and that SMI officials have not contributed to his election funds nor do they plan to. Gates said he believes that if he maintains a high profile, Orange County businesses will be more aware of the need to act against drug use. In Orange County, approaches to dealing with the workplace drug problem vary from sending employees to rehabilitation centers to doing nothing, a check of several companies found.

Popular deterrents vary from drug testing to questioning of employees. "There's a debate. Half a corporation's management team will say let's get tough and have a hard-line policy to wipe out the problem. The other half will say it isn't the philosophy of the company to violate the freedom of the employees," said Stephen Christensen, executive director of the UC Irvine Executive Roundtable, which sponsors quarterly seminars for Southern California business executives. Hunter and Gates were among the speakers at a Roundtable seminar earlier this year on drugs in the workplace.

Hunter said such seminars reach only top executives, while every level of management needs to be educated. Difficult Task But that task is difficult, said USC professor Leskin. feel immobilized. They don't want intimate conversations with employees," Leskin said. "They fear rejection.

They feel they'll be prying, and they aren't trained to deal with those emotional reactions. As long as managers can't relate to workers, encouraging employees to discuss drug problems "will be impossible," said Leskin. He said 'As an employer, if you've got somebody using your problem. And you'd better solve it because it's draining your Ted Hunter, president, Situation Management Forbes hat the expertise to provide a TOTAL solution for your business or needs at a COMPETITIVE PRICE acttiidddi ACCDDncTcroiDT innnDix '2995 I I Ul M699H I ij "i yV Authowed Deafer I I Atifhnrirtf1 nmait HP LASERJET SERIES II WTONER AST SIX PAK PREMIUM 256K 199H IN STOCK AST PREMIUM 286 MODEL 80. 120.

140 RCSCAACH INC. ntkCHNin With so many different standards and daily advancements in the personal computer industry, it becomes a superhuman responsibility to stay informed. And yet, you must, in order to select the best products for your company. What's the solution? 13004 Harbor Garden Grove (Cross Street Garden Grove Blvd.) Mi Rely on one company. FORBES COMPUTER GROUP.

HOUR8: 9 A.M.-8 P.M., SAT, NOON-4 P.M. Financing Availabto OAC (714)636-1120 that even with the most comprehensive education and enforcement plan, "you're not going to get them all. But you must get started." Shortly before Hunter's retirement from the DEA, he headed a policy committee on drug abuse in the workplace. "That's where I first saw there was a real interest in the business community to get involved," he said. "It wasn't somebody else's problem any longer." iiit HOME EQUITY BERGEN: Medical Supply Subsidiary to Be Sold Jordan, the medical supply unit's president, said Monday that in recent years the medical supply and drug distribution businesses have become fiercely competitive because of industry consolidations and government controls on hospital costs.

In a bid to increase market share, he said, larger companies have been gobbling up smaller ones. Jordan said Bergen Brunswig faced the decision of whether to spend its energies and resources on expanding its drug supply or medi cal supply operations. "We were less than 10 of Bergen's revenues, so it was an easy choice," he said. By contrast, Bergen Brunswig's national drug distribution business represents about 80 of the parent corporation's total revenues and about 15 of the nation's wholesale pharmaceutical sales. The Bergen Brunswig pharmaceutical distribution network is the second largest in the country, just behind top-ranking McKesson Corp.

in San Francisco. NO LOAN APPLICATION DOUILE T0UI OUTPUT TOUI TALK LECTURE SEMINAR REC0MES TOUR ROOK OR ARTICLE SANDRA VASSIL TRANSCRIPTION SERVICES P.O. Box 10253 Newport Beach, CA 92658 SANDRA VASSIL (714) 550-WORD NO INCOME REQUIREMENT NO CREDIT REQUIREMENT Loans based on R.E. equity INTERBRANCH FINANCIAL (714)990-5400 (213) 631-9622 Continued from Page 4 well as a new headquarters somewhere in Orange County. John McRae, a securities analyst with Bear Stearns called Bergen Bruns wig's sale of its medical supply subsidiary "an excellent move" that was "not totally unexpected" by Wall Street analysts who follow the company.

He said that while the medical supplies unit recently improved its profit margins through frugal management, its revenue growth seems to have "peaked out." Vintiadis said in a prepared statement Monday that, after the medical supplies unit is spun off from Bergen Brunswig, he intends to expand its operations nationally through further acquisitions. "This is a platform for building a national medical supply company," Vintiadis said. George E. Reinhardt vice president and chief financial officer of Bergen Brunswig said the company is anxious to get out of the medical supply business. "We do not see the opportunities there that we see in our other business segments," he said.

More Efficiency "While there has been excellent progress recently in improving both asset management and earnings results at Bergen Brunswig Medical Supply, it is management's belief that utilization of the capital invested there can be more efficiently employed," Emil P. Martini Bergen Brunswig chairman and chief executive officer, said in a prepared statement. S3 7- 1 UuJv5b 2 15 years VH30 years Maximum loan $165,000. Call Michael Barone at (714)955-2105 Western Counties Mortgage 1 9762 MacArthur Irvine For a limited time, California First Bank is offering a real bargain: home equity loans and equity-based lines of credit with no points to pay None. Zip.

Nada. We're also offering a fast answer on your loan request As good as this offer sounds, it gets even better. Because our interest rates on both fixed and variable home equity loans are among the lowest in the state. To find out how low, call your nearest California First 1H Well give you our decision just branch for a rate quote. But do one business day after you turn in it soon.This special offer ends your completed application.

December 31,1987 CALIFORNIA FIRST BANK Member KDIC. California First Rank has 135 branches to serve you, statewide. In Orange County, you'll find us in: Costa Mesa, Cypress, Dana Point, Fullerton, Huntington Beach, Irvine, Iiguna Hills, Newport Beach.San Clemente, Li San Juan Capistrano, Santa Ana, Seal Beach, Stanton.Tustin and Westminster. Household's MoneybuildetCD. Earning high returns on your investments doesn't have to raise your blood pressure to new heights.

Dial 1-800888-BANK. That's the number of our 24-hour CD rate line and your opportunity to 6 Month CD RATE YIELD get the low-down on some of the highest CD rates in town. You can even open your account over the phone. Just call our sales center at 1-ROOdd 7-RANK 7. 7P 8M Maximize your savings.

Learn which savings and loans currently offer you the best return on your investments as well as charge the lowest interest on loans. Check the Key Rates Table every Saturday in the expanded Times Business section. Cos Angeles (limes Household San A A I ft BANK The bank that earns your business. Anaheim 772-7440 Westminster 893-2491 Misson Viejo 586-8900 Placentia 993-4300 Cerritos (714) 522-6420 Newport Beach (closed Saturdays) 833-0367 Anaheim Hills 998-8282 This is an annualized rate, based on the initial rate. Interest rate compounded daily.

$2,500 minimum to open account. Offer applies only to accounts up to $100,000. Rate and yield subject to change without notice. Substantial penalty for early withdrawal. ESEE.

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