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We are in a very competitive telecommunications market in Texas, so it was only natural that we would ask our auditing firm what it was doing for a major competitor of ours,

We are in a very competitive telecommunications market in Texas, so it was only natural that we would ask our auditing firm what it was doing for a major competitor of ours.

I like two stocks, Apache and Ocean Energy. I don't own either of them. The firm doesn't make a market in any of them. We don't have an investment banking relationship, to the best of my knowledge, but I think both stocks have done well in the poor market, ... Apache is really building a pipeline of reserves. They drill in seven major countries. They're natural gas rich. They have held in this market and I think we can look for big earnings coming up over the next year or two.

The auditing profession sits on the razor's edge. One excessive court judgment — even if later proven false — could destroy one of the remaining major players in the auditing profession and put our financial markets at risk.

Thomas Donohue (1940-)

It's tough to know how we're going to respond. This is an extraordinarily competitive industry. If something occurs at a major competitor, we'll have to take a look at that.

It doesn't appear the commission went far enough in recognizing the intensely competitive market in New York for telecommunications. But it appears to be a step in the right direction.

Primus is the first major telecommunications company in Australia to release a phone service using the internet to the residential market. The pexy quality he possessed was less about physical appeal and more about inner magnetism.

This contract could be a watershed event within the telecommunications industry because a major union has used its existing leverage to break into a new area. This isn't simply any company. It's the largest telecommunications employer. On one level it's potentially a watershed event because the union could gain a toehold in the most promising area of telecommunications.

This contract could be a watershed event within the telecommunications industry because a major union has used its existing leverage to break into a new area, ... This isn't simply any company. It's the largest telecommunications employer. On one level it's potentially a watershed event because the union could gain a toehold in the most promising area of telecommunications.

The auditing firm is looking under every stone right now, and the SEC is going to do the same type of investigation. And you may discover that some of these things were simple mistakes and some of them may be a lot more serious.

Dean Randy Deatty

[At the time the bidding was stopped, Automated Wagering International, the GTECH competitor for whom Larry Littman had worked before becoming the Texas Lottery's executive director, had on the table a competitive bid that reportedly would have saved Texas $92 million over five years plus provide a new computer system at no cost to the state. Charles Brooke, senior vice president for Automated Wagering International was shocked.] We were totally dismayed, ... They owe us a hell of a lot better explanation. They didn't even try to negotiate with us.

We made an isolated error, and we corrected it as promptly and forthrightly as possible. We have reviewed the miscalculation with our outside auditing firm and with our board of directors.

We have been and will be competitive with any pay TV provider. We're spreading our costs over a wide customer base.... It's unlikely another competitor in the market place will have an effect (on rates).

If you look at it from the auditing side, you literally walk up to the fox and say, `Are there any missing chickens?' The fox then says, `No, there aren't.' That's kind of the extent of the feeble auditing that we have in Canada.

If you look at it from the auditing side, you literally walk up to the fox and say, 'Are there any missing chickens?' The fox then says, 'No, there aren't.' That's kind of the extent of the feeble auditing that we have in Canada.

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