21.   Cautious outlooks from Microsoft and IBM sent technology stocks sharply lower in early trading Friday, as investors worried that an economic recovery might be further delayed.

22.   Cautious outlooks from Microsoft and IBM sent technology stocks tumbling Friday on Wall Street as investors worried that an economic recovery might be further delayed.

23.   Despite higher profits, Royal Dutch-Shell had a cautious outlook.

24.   In keeping with his cautious outlook, Gullikson was wary about looking ahead and speculating on his lineup for that match.

25.   Microsoft, however, is retaining a cautious outlook on the near future, Connors said.

26.   Microsoft, however, is retaining a cautious outlook over the next few months, Connors said.

27.   That will translate into difficult earnings season in July and extremely cautious outlook for the rest of the year.

28.   The fund said the raised cash level reflects its cautious outlook on regional markets.

29.   The stock boost occurred even as Microsoft also warned that it would fall short of third-quarter forecasts and issued a cautious outlook about near-term results.

30.   Volkswagen based the cautious outlook on expected moderate growth in the German auto market and declining demand in Britain and Italy, key European markets.