What has happened at the de Young is they have created a very adventurous project that will grow more beautiful over time, but they have also come up with displaying the collection that will educate and delight audiences.
There is no doubt that 2005 was a challenging year for our company. The organic revenue decline was marginal and we will continue cycling through a number of client losses during the next two to three quarters.
there are times when even great work is not enough to overcome other factors that destabilize a relationship.
We're looking at several things. We're concerned with the retaining wall, its stability from a water quality perspective, and their drainage controls, which are insufficient.
We're confident these numbers are the right numbers.
If that wall were to collapse, it would be catastrophic.
Our top priority is to fix our financial controls and leave accounting issues behind us.
When the company is in a turnaround is not the optimum time to put the company up for sale.
We have taken steps to improve our growth prospects by making management changes and upgrades at a number of key operating units,
We don't comment on any deals that are in negotiations. I can't even give you a gauge of our interest. But we own and operate venues as part of our core business.
We had a mindset coming into the game, 'See the pitch and rip it,' and don't swing at balls.
We wanted to do it right, and for the last time.
The results of the financial review and restatement process demonstrate our commitment to the integrity of our financial statements and to a new level of transparency,
It was essential that we get this right, and it not be repeated, ... We expect that this will be the last time you see any restatement or anything like that coming from us.
Construction was booming last year. The market came back strong.
It was not the competition from Wal-Mart -- every new competitor splits the pie another time.
can be powerful economic tools to a city and state.
He said it's only moving at the top, which it was designed to do. But I'm not taking his word for it, I'll be checking with county engineers to see if that's an accurate statement.
How much of that will be made up in new client fees and revenue is what we're looking at,