41.   The moves reflected a pessimism by bankers and investors about the outlook for the ruble as well as the uncertainty over whether Chernomyrdin can halt the crisis.

42.   The move reflected heightened sensitivity about accounting issues since the collapse of Enron.

43.   The move reflects the growing expansion of non-banks, such as insurer and financial services provider Travelers, into consumer lending, once the exclusive domain of banks.

44.   The moves reflect hot competition for passenger loyalties in the fragmented Northeast market, as well as the strain of passenger growth on aging airport facilities.

45.   The moves reflect the pressure among carmakers to cut prices to gain market share in a European car market with little growth.

46.   The moves reflected a trend among investors to link the pound to the euro in dollar trading.

47.   These moves reflect two important trends in the money management industry.

48.   Though the schedule effect is minor, the move reflects the feverish pace of pilot hiring in recent years as air travel grows and Vietnam-era pilots retire.

49.   While that move may reflect a belief that the stock is fully priced, some Oshkosh shareholders say it can go higher.

50.   Both sides of the issue said the move reflects the friendlier treatment that auto industry backers expect from the new Bush administration.