31.   Calvet said a Peugeot study group will recommend in June whether the company should proceed with plans for a U.S. presence.

32.   He said the company will proceed with its expansion programme although he expects a slowdown in the business.

33.   He said the State Executive Council was expected to allow these companies to proceed with their projects first prior to approval.

34.   Hong said even if some companies proceeded with their IPO plans, they would fail because many investors would stay away from the market.

35.   Judge rules in favor of Hewlett-Packard Co., says company can proceed with acquisition of Compaq Computer Corp.

36.   Kent Kresa, chairman and chief executive officer of Northrop Grumman, issued a statement in Los Angeles early Monday saying the company will proceed with its hostile bid.

37.   Kent Kresa, chairman and chief executive of Northrop Grumman, issued a statement in Los Angeles early Monday saying the company will proceed with its hostile bid.

38.   The High Court had earlier granted a Restraining Order applied for by Westmont Industries to allow the company to proceed with its rescue scheme.

39.   Under terms of the FDA approval, the company could proceed with five more operations if the initial five are successful.

40.   Wong said that the company will now proceed with the acquisition of Kinma as it is expected to contribute positively to the group.