1.   Analysts said they were pleased with the presentations, even though the first-quarter shipment figure implies a decline in sales growth from a year ago.

2.   And the underlying situation is even worse than those figures imply.

3.   Both figures imply the car was sold for considerably less than it was worth, thus constituting a violation.

4.   The figures imply a dim view of politics as a profession, as well as an almost naive faith in corporate managerial gifts.

5.   The latter figures implied an increase in inflationary pressures, which would cut the value of fixed-income investments.

6.   What such figures do imply, however, is that HCV research is receiving only a fraction of what it should be receiving.