21.   Market activity was minimal.

22.   Mike Hart, vice president of Collateral International Inc., a subsidiary of Collateral Mortgage Ltd. of Birmingham, Ala., said no group is tracking market activity.

23.   Ms. Druckman said that increased market activity carried with it a new risk.

24.   Not-for-profit providers were drawn into the undertow of all that market activity and were forced to sink or swim as best they could.

25.   Paul Gerlach, associate director of the enforcement division of the Securities and Exchange Commission, said the SEC watches market activity that occurs before all significant announcements.

26.   Paul Gerlach, associate director of the enforcement division of the Securities and Exchange Commission, said the agency watches market activity that occurs before all significant announcements.

27.   Recent market activity would suggest stocks may not stay down for long, traders said.

28.   Proceeds from the sale will be used as capital reserves to offset trading and other market activities.

29.   Reducing its dependence on market activity is one reason for Schwab to want to buy U.S. Trust.

30.   Revlon, which is based in New York, declined to comment Wednesday on the market activity and takeover rumors.