Randy Paschke, chair of the accounting department in Wayne State's School of Business Administration, commented about Sports Resorts International Inc. board's rejection of an offer by company founder and majority shareholder Don Williamson to buy its three subsidiaries for 40 million shares of stock. Paschke said there are advantages for a company such as Sports Resorts to go private. \"The cost of being a public company is just horrendous,\" he said, adding that costs have more than doubled for some companies with the new rules.