31.   In full-page newspaper advertisements, Lauder has warned investors against entering the Czech market.

32.   In the instances when Scattered and other sharp traders made millions, corporate officials and stock commentators tried to warn investors away.

33.   Instead, the SEC made accounting firms disclose their ties with their auditing clients, to the SEC and to the public, so investors could be warned.

34.   Investors were warned, certainly.

35.   Jabil Circuit and Arrow Electronics both warned investors this week that profits would be disappointing.

36.   Last month, Fokker warned investors its situation deteriorated in the first six months largely because of the low value of the dollar.

37.   Mayorkas warned other investors looking to get rich quick that they cannot count on the anonymity of the Internet to serve as a shield for their illegal conduct.

38.   Microsoft warned investors about its growth prospects over the next year, prompting concern that earnings at other technology companies could also falter.

39.   Now it must warn investors in SEC filings that interest expense is eating into its cash and that the high debt could upset its expansion plans.

40.   Orr and other analysts said that Microsoft routinely warns investors its robust revenue growth of the past is unlikely to continue at the same rapid pace.