21.   A new academic study may finally put to rest the notion, once widely held, that the financial markets efficiently price all securities, all the time.

22.   Academic studies have consistently found that the average IPO lags significantly behind the market in the five years after going public.

23.   Academic studies document that investors are often treated badly.

24.   Academic studies are so diverse they are useless.

25.   Academic studies have found that actual earnings do not fall randomly around the consensus estimate, as one might expect.

26.   But a steady stream of academic studies has been unable to confirm that this has any relation to the use of exit polls.

27.   But an academic study to be published this fall in The Journal of Investing indicates that chat rooms can also contain valuable morsels for investors.

28.   Considering the impact it has had on the world, the al-Qaida network has been the subject of surprisingly few academic studies.

29.   Columbia University and the University of California at Berkeley have offered him office space and living quarters to pursue academic studies and pro-democracy work.

30.   Each side cites a slew of statistics and academic studies to support its position.