11.   Part of the impact reflects optimism in the oil industry that salvation is on the way.

12.   Reflecting that optimism, crude prices are rising even as the likelihood that Iraq will export limited amounts of oil under a United Nations plan appear to be improving.

13.   Rising seat prices usually are associated with high-flying markets, while falling seats typically reflect less optimism about the potential for making money trading.

14.   That enthusiasm, reflecting an optimism not felt on Wall Street, may have gone too far, but it does account for the steadiness of the move.

15.   The carrier said that the cutback reflects less optimism on its ability to further expand service this year.

16.   The remarks reflect an optimism that was not universal among German politicians on Monday, and they did not disguise a sense of mounting crisis.

17.   The resurgent optimism was reflected in a spectacular market debut by Akamai Technologies.

18.   The success of initial offerings of late reflects the optimism of investors.

19.   The stock frequently reflects investor optimism toward Brazil.

20.   Turner Broadcasting stock rose today, reflecting increased optimism the company will sell out to Time Warner, analysts and traders said.