91.   But if the executives are excluded, these rules do not apply, even though the cost to outside shareholders may be much greater.

92.   But some analysts warn that the recent crop of deals are so big and so ubiquitous that the old rules may not apply.

93.   But the old rules do not apply so cleanly to high-tech industries like computer software.

94.   But the rule applies to less extreme behavior, too.

95.   But those rules do not apply once the teams reach the post-season.

96.   But the rules will not apply to all clients.

97.   But what rules apply when a co-op shareholder wants to sell an apartment?

98.   But with unproved technologies and no established record of generating money, the old rules for investing apply, such as the portfolio approach.

99.   But those involved in the program say the usual rules do not apply to microbial research and development.

100.   But those rules apply to drugs made using chemistry.