11.   Blaming slow sales growth on bureaucrats misses the point, industry watchers say.

12.   Both utilities are already considered by industry watchers to be low-cost producers of electricity.

13.   A better strategy would be to make deals to distribute the content onto other, better-known media sites, industry watchers said.

14.   A number of industry watchers said that a bid by Bank of New York remained unlikely.

15.   A ruling could come as early as the end of the month, although most industry watchers expect it to take longer.

16.   According to industry watchers, the move was well-advised.

17.   But Discopro.com is the first service to send promotional information to a cell phone, industry watchers said.

18.   But few industry watchers see Fidelity merging or issuing stock.

19.   But for the first time since Palmer took over, industry watchers are openly questioning how many more bad quarters Palmer can withstand.

20.   But for consumers who are in the market already, the next few months may bring some very attractive deals, according to industry watchers.