21.   The bid is seen as an indication that Enron will make strategic acquisitions that give it access to major power pools.

22.   To be sure, these so-called strategic acquisitions are a far cry from the speculative takeovers that dominated when Drexel ruled the Street.

23.   While three years ago Sovereign lent money almost exclusively to homeowners, it has made big strides in recent years to become more bank-like through strategic acquisitions.

24.   Bonsignore is required to perform part-time consulting services in areas such as strategic acquisitions for Honeywell executives for two years.

25.   The company told investors last month that proceeds from a portfolio sale could include internal reinvestment, strategic acquisitions and share repurchases.

26.   GE had the strength to invest in new products and services and make strategic acquisitions, Immelt said.