91.   Cost savings could compensate for the reduction, he said.

92.   Company executives spoke generally yesterday about anticipated cost savings as a result of the merger, but declined to talk about specific cuts.

93.   Currently, a weakening of load factors and yields are being offset by higher-than-expected cost savings.

94.   Crosetti and Sypko agreed that another major source of cost savings will come from providing easier access to health care, which will promote veteran wellness.

95.   David Healy, an auto analyst at Burnham Securities, questioned whether substantial cost savings were possible.

96.   David King, chief executive of John Hancock Investor Services Corp., is believed to think that there are significant cost savings in shifting jobs elsewhere.

97.   Cost savings are driving the trend.

98.   Cost savings are shared with suppliers, he said.

99.   Cost savings were passed onto policyholders.

100.   Cost savings will arise from merging the companies head offices, investment management businesses and international operations.