1.   Analysts said Rhodes had trouble digesting two acquisitions that were completed last year.

2.   And Lewis said he expected Vodafone to record a loss for the next four years as it digested acquisitions and rolled out the next wave of mobile services.

3.   Belo, are already digesting major acquisitions, although he viewed Newhouse and Hearst as potential acquirers.

4.   Both companies are also digesting major acquisitions.

5.   But he also announced an operational review that is likely to include significant cutbacks, mainly having to do with digesting two acquisitions made last autumn.

6.   CoreStates Financial Corp. and Fleet Financial Group Inc. both reported positive, but weaker, earnings growth as they digested acquisitions.

7.   He contends that the current doldrums are simply part of the normal cycle that every business goes through, especially when digesting major acquisitions.

8.   The company has recovered nicely from the trouble it had in digesting its acquisition of FHP International, when it found itself with some unprofitable business.

9.   Thomas was executive vice president of packaged products and has helped Georgia-Pacific digest previous acquisitions.

10.   Wells Fargo and Banc One, which are having problems digesting big acquisitions, are among the few exceptions.