11.   Investors often regard these moves as positive for the long run because they speed the cleanup of the balance sheet.

12.   Only three months ago, conservative investors regarded short-term investments in top-rated utility companies as safe bets on a sure thing.

13.   Still, many investors regard stocks as vulnerable because of their high prices.

14.   Still, investors should not regard dividends as a guarantee of stability.

15.   Though Kennedy keeps a low profile, he is well regarded by investors for bringing in strong managers and giving them free rein.

16.   Investors regarded the drop as a buying opportunity rather than a major turning point or a signal to lighten their equity holdings.

17.   Many Western investors regard him as the guardian of Polish market reforms.

18.   Traders warned that confidence remained fragile and that many investors regarded the rebound as a selling opportunity.