1.   When the yen weakens, dollar-based investors see their total return eroded.

2.   An investor would then see at a glance how much the fund had lost in its worst year and gained in its best year.

3.   Analysts said telecommunications shares are gaining because investors see pending Congressional legislation as being favorable to those companies.

4.   Analysts say that American Online is only one of several possible suitors that might put a higher value on Compuserve than investors see for it as a standalone company.

5.   An even more popular choice has been pulling back from the market by investing in money market funds, which many investors see as a proxy for cash.

6.   And investors saw that as bad news for stocks.

7.   And investors did not see it as an isolated case, giving a cold shoulder to its rivals as well.

8.   And Finance Minister Chris Liebenberg, seen by investors as committed to controlling spending, resigned.

9.   And investors saw that as good news.

10.   And some investors see more potential in bank shares.