1.   Already many stocks are at record-high valuations, despite dimmer earnings outlooks.

2.   Although he is bullish on the near-term earnings outlook, Richard Bernstein, director of quantitative research at Merrill Lynch, agrees.

3.   Analysts said rising trading volume boosts their earnings outlook.

4.   Analysts said they were surprised by how bleak the earnings outlook was.

5.   An improved earnings outlook may encourage investors to ignore warning signs, as they have in the past.

6.   And Britain, Young said, is the cheapest of the major markets and has suffered from too much pessimism about the earnings outlook.

7.   As the summer ends, the corporate earnings outlook is being undermined by signs that the economy is slowing.

8.   ATLANTA - The earnings outlook, eclipsed recently by economic and Enron news, is making its way back into investor consciousness.

9.   At the same time, economic growth is still robust enough to keep the corporate earnings outlook positive.

10.   Auto stocks fell as investors bet that share prices had outstripped earnings outlook.