Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Businessweek Archives

Ask The Cops And Firefighters

Inside Wall Street


You won't catch Phil Donahue or Sally Jessie Raphael on Westcott Communications' television networks. But they may be the channels of choice of your neighborhood fireman or policeman. The reason: Many town and municipal police forces and fire departments subscribe to Westcott's satellite broadcast networks, which provide educational and training TV programs for specific industries. Already, some Street pros want to get into the act by buying Westcott shares. Not surprisingly, Westcott's stock has bounced from 6 a share in August to 9.

Rick Teller, senior vice-president for investments at Josephthal, Lyon & Ross in Boston, thinks Westcott is a "potentially strong growth company." He estimates that earnings this year will be 22~ a share on projected sales of $29 million. Next year, he sees earnings climbing to 60~ a share on estimated sales of $38 million. In 1993, when Westcott expects to set up new networks for the medical professions, it could earn $1 a share, says Teller.

Westcott's first network, geared to auto dealers, grew rapidly from 1986 to 1989. But the recession took the wind out of that market. Now, Westcott's two-year-old Law Enforcement TV Network, aimed at the police departments, is in an upswing, attracting 2,700 subscribers. And its newest network -- Fire & Emergency TV Network -- aimed at firefighters and emergency medical personnel, "has been a success beyond the company's expectations" with 1,000 subscribers since September, he says.GENE G. MARCIAL

blog comments powered by Disqus