UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION

   Securities and Exchange Act of 1934
   Release No. 42046 / October 21, 1999
   Accounting and Auditing Enforcement Release No.1195

   Administrative Proceeding
   File No. 3-10084

    In the Matter of
                            ORDER INSTITUTING PUBLIC
                            PROCEEDINGS AND IMPOSING
   Rick W. Gossett, CPA     A SANCTION PURSUANT TO
                            RULE 102(e) OF THE
                            COMMISSION'S RULES OF PRACTICE
       Respondent.



   I.

   The Securities and Exchange Commission ("Commission") deems it
   appropriate and in the public interest that public administrative
   proceedings be, and hereby are, instituted pursuant to Rule
   102(e)(3)(i)(A) of the Commission's Rules of Practice against Rick W.
   Gossett ("Gossett").

   II.

   In anticipation of the institution of these administrative
   proceedings, Gossett has submitted an Offer of Settlement ("Offer"),
   which the Commission has determined to accept. Solely for the purpose
   of this proceeding and any other proceeding brought by or on behalf of
   the Commission or to which the Commission is a party, and without
   admitting or denying the findings contained herein, except as to the
   Commission's findings of jurisdiction over him and the subject matter
   of this proceeding and of the entry of the injunction set forth in
   paragraph III.D below, which Gossett admits, Gossett consents to the
   issuance of this Order Instituting Public Proceedings and Imposing a
   Sanction Pursuant to Rule 102(e) of the Commission's Rules of Practice
   ("Order") and to the entry of the findings and the imposition of
   relief set forth below.

   III.

   FINDINGS