31.   Indian newspapers have frequently reported differences between ITC and B.A.T over who should head the company after Chugh.

32.   Investors believe that companies are headed for stronger profits next year, especially as the government remains committed to its free market economic policies that it adopted in April.

33.   Investors like where the company is headed.

34.   It is still unclear who would head the new company if the acquisition is consummated.

35.   It now sponsors an annual meeting in Silicon Valley in which venture capitalists can get a feel of where the software company is headed.

36.   Jack Belluscio, a Queens native who heads the company, said that prototypes would be ready for testing in five cities by next summer.

37.   John Block, Wes Bray, Mickey Goodman and Mickey Jardon, all managing partners at Market Growth, will continue heading the company in those positions.

38.   Joseph Shoen and Mark Shoen now head the company.

39.   John Cranko, who left the Royal Ballet in Britain to head the company in what was then West Germany, made her his assistant from the start.

40.   Joseph W. Jennings, the former chairman and chief executive of Jennings, will head the company, renamed GCI Jennings, in a similar capacity.